The Theory of New Classical Macroeconomics A Positive Critique /

• Main Author: Galbács, Peter (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2015.
• Series: Contributions to Economics,
• Subjects: Philosophy and science.; Economic history.; Economic theory.; Macroeconomics.; Economic policy.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Methodology/History of Economic Thought.; Economic Theory/Quantitative Economics/Mathematical Methods.; Economic Policy.; Philosophy of Science.

This book examines new classical macroeconomics from a comparative and critical point of view that confronts the original texts and later comments as a first dimension of comparison. The second dimension appears in a historical context, since none of the new classical doctrines can be analyzed ignor...

Table of Contents:

• Methodological Principles and an Epistemological Introduction
• The Rational Expectations Hypothesis as a Key Element of New Classical Macroeconomics
• The World View of New Classical Macroeconomics
• Monetary Policy in the New Classical Framework
• Fiscal Policy and New Classical Macroeconomics
• Economic Policy Consequences.