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Lectures on Behavioral Macroeconomics

Paul De Grauwe




[PDF.ys60] Lectures on Behavioral Macroeconomics

Lectures on Behavioral Macroeconomics  Paul De Grauwe epub
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 | #1102102 in eBooks |  2012-10-14 |  2012-10-14 | File type: PDF

|| |"A refreshing, much curiosity-inspiring book. Recommended."--Acemaxx Capital Management AG_blog

"These Lectures on Behavioral Macroeconomics remind us that De Grauwe is also an excellent macroeconomic theorist and a wonderful na

In mainstream economics, and particularly in New Keynesian macroeconomics, the booms and busts that characterize capitalism arise because of large external shocks. The combination of these shocks and the slow adjustments of wages and prices by rational agents leads to cyclical movements. In this book, Paul De Grauwe argues for a different macroeconomics model--one that works with an internal explanation of the business cycle and factors in agents' limited cognitive ab...

You easily download any file type for your device.Lectures on Behavioral Macroeconomics   |  Paul De Grauwe.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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