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Macroeconomic systems

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Cuthbertson, Keith and Taylor, Mark P. (1987) Macroeconomic systems. Oxford, UK; New York: Basil Blackwell. ISBN 9780631143413

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Official URL: https://www.worldcat.org/title/macroeconomic-syste...

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Abstract

his text sets out to illustrate the processes behind macroeconomic research and policy analysis. The authors focus on small analytic models and the light they throw on contemporary debates, as well as the link between these and larger macroeconometric models. The advanced topics covered include the "supply-side", the government budget constraint, solving rational expectations models, implicit labour contracts, exchange rate overshooting, time inconsistency and the Lucas critique. Much of the material here is derived from advanced courses in macroeconomic theory and policy given to graduate and undergraduate students and civil servants over a number of years. However, a large part of the analysis is also motivated by the authors' experience as practical policy advisors.

Item Type: Book
Divisions: Faculty of Social Sciences > Warwick Business School
Publisher: Basil Blackwell
Place of Publication: Oxford, UK; New York
ISBN: 9780631143413
Official Date: 1987
Dates:
DateEvent
1987Published
Number of Pages: 278
Status: Not Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access

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