New Classical Macroeconomics: A Sceptical Inquiry

New
Paperback
1990
$62.05

The New Classical Macroeconomics gives an accessible, rigorous, critical account of the central doctrines of the new classical economics, without unnecessarily difficult mathematics. It focuses on four central issues: the foundation of monetary theory; monetary and fiscal policy; labour supply and business cycles; and the attack on econometric models. In addition, the relationship of the new classical economics to monetarism and the Austrian school, with both of which it is often confused, it explored.

Synopsis

The New Classical Macroeconomics gives an accessible, rigorous, critical account of the central doctrines of the new classical economics, without unnecessarily difficult mathematics. It focuses on four central issues: the foundation of monetary theory; monetary and fiscal policy; labour supply and business cycles; and the attack on econometric models. In addition, the relationship of the new classical economics to monetarism and the Austrian school, with both of which it is often confused, it explored.

$62.05

Quantity

20+ in stock

More Information

Format: Paperback
Pages: 328
Edition: 1
Publisher: John Wiley & Sons
Published: 05 Apr 1990
ISBN 10: 0631172637
ISBN 13: 9780631172635

Media Reviews

An excellent volume, which deserves to be read by anyone seriously interested in explaining the operation of the macroeconomy. Times Higher Education Supplement I enjoyed Kevin Hoover's book very much. It is critical writing of the very highest order - a rarity in macroeconomics. The breadth of coverage is also very impressive. In particular, i thought Hoover's treatment of my work is fair and accurate, even when it hurt. I will be a better writer and scholar in the future with the prospect of this kind of criticism in mind. Robert E. Lucas, Jr, Professor of Economics, University of Chicago This book represents an excellent account of a most important development in modern macroeconomics. It is a splendid achievement, well argued, well written, rigorous, and yet easily accessible. M. J. Artis, Professor of Economics, University of Manchester The book is very well written, it covers the literature comprehensively and expresses complex arguments with authority and at a brisk pace. Nigel W. Duck, Department of Economics, University of Bristol

Author Bio

Kevin D. Hoover is Assistant Professor of Economics at the University of california, Davis. He was Heyworth Prize Research Fellow at Nuffield College, Oxford (1981-4), and has been a researcher and Visiting Economist at the Federal Reserve Bank of San Francisco.