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About this item
Highlights
- About the Author: Robert E. Lucas Jr is Professor of Economics at the University of Chicago.
- 128 Pages
- Business + Money Management, Economics
Description
From the Back Cover
In the past decade macroeconomic theory has undergone a remarkable transformation. At the forefront has been the "rational expectations revolution," and this school's most brilliant exponent is Robert E. Lucas.In this elegant and relatively non-technical survey, Lucas reviews the nature and consequences of recent developments in monetary and business cycle theory. He discusses the usefulness of alternative models in determining the effects of economic policy on consumption streams and individual welfare. Drawing on a specific model of aggregate activity which represents the current frontier in business cycle research, he then examines the contemporary theory of unemployment. Finally and most controversially, he explores the role of monetary disturbances.
Review Quotes
"His brilliance and versatility as an economic theorist cannot be disputed. Much of value will come from the impetus given to the study of macroeconomic theory and policy by the endeavours of Professor Lucas." Kyklos
About the Author
Robert E. Lucas Jr is Professor of Economics at the University of Chicago.Dimensions (Overall): 8.35 Inches (H) x 5.31 Inches (W) x .39 Inches (D)
Weight: .35 Pounds
Suggested Age: 22 Years and Up
Number of Pages: 128
Genre: Business + Money Management
Sub-Genre: Economics
Publisher: Wiley-Blackwell
Theme: Macroeconomics
Format: Paperback
Author: Robert E Lucas
Language: English
Street Date: January 8, 1991
TCIN: 1004109364
UPC: 9780631147916
Item Number (DPCI): 247-20-9584
Origin: Made in the USA or Imported
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Shipping details
Estimated ship dimensions: 0.39 inches length x 5.31 inches width x 8.35 inches height
Estimated ship weight: 0.35 pounds
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