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About The New Paradigm in Macroeconomics: Solving the Riddle of Japanese Macroeconomic Performance
A growing literature on information imperfections, credit markets and non-Walrasian outcomes poses a significant challenge to traditional approaches in economics. This book unifies key aspects of these challenges in the formulation of a new macroeconomic paradigm. Its validity is tested using data on Japan, one of the biggest empirical challenges to the "old" paradigm. In the process, a contribution is made towards a better understanding of the many "puzzles" or "anomalies" of the Japanese economy of the past decades. However, the new approach is applicable far beyond Japan.
Detailed Information
| Author: | Richard Werner |
|---|---|
| Publication Year: | 2005 |
| ISBN: | 9780230506077 |
| Pages: | 436 |
| Language: | English |
| File Size: | 1.636 |
| Format: | |
| Price: | FREE |
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