The authors argue for an approach to economic analysis which regards the economy as an interactive system with heterogenous agents and not a system which treats
Rpresentative agent models have become a predominant means of studying the macroeconomy in modern economics without there being much discussion in the literatur
Rpresentative agent models have become a predominant means of studying the macroeconomy in modern economics without there being much discussion in the literatur
Perkins, a former chief economist at a Boston strategic-consulting firm, confesses he was an "economic hit man" for 10 years, helping U.S. intelligence agencies
This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of inco