This edited volume, with contributions by area experts, offers discussions on a range of evolving topics in economics and social development. At center are impo
For Masters and PhD students in EconomicsIn this textbook, the duality between the equilibrium concept used in dynamic economic theory and the stationarity of e
This book summarizes the evolution of modern macroeconomics (New Consensus Macroeconomics, NCM) and proposes a new approach to theoretical and empirical analysi
Written by one of the leading experts in the field, this book focuses on the interplay between model specification, data collection, and econometric testing of
This interdisciplinary book argues that the economy has an underlying non-linear structure and that business cycles are endogenous, which allows a greater expla