Methodological foundations of macroeconomics: Keynes and Lucas
This book is an investigation of the methodological and epistemological foundations of macroeconomic theory, based on an examination of the theories of Keynes and Lucas. It is divided into two parts. In the first Professor Vercelli discusses the methodological issues which lie behind the conflict am...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
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Cambridge
Cambridge University Press
1991
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| Online-Zugang: | BSB01 UBG01 Volltext |
| Zusammenfassung: | This book is an investigation of the methodological and epistemological foundations of macroeconomic theory, based on an examination of the theories of Keynes and Lucas. It is divided into two parts. In the first Professor Vercelli discusses the methodological issues which lie behind the conflict among different schools of thought in macroeconomics (equilibrium and disequilibrium, risk and uncertainty, rationality and causality). These issues are central to the current debate not only in many branches of economics, but also in other scientific disciplines. The traditional point of view of science based on equilibrium, stability and determinism has been increasingly challenged by a new point of view in which disequilibrium, instability and uncertainty play a crucial role. This, the author argues, is bound to put macroeconomics in a new, more promising position. In the second part of the book the author compares the two main alternative research programmes in macroeconomics: that outlined by Keynes in his 'General Theory', and that suggested by Lucas, the leader of the new classical economists |
| Beschreibung: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
| Beschreibung: | 1 online resource (xv, 269 pages) |
| ISBN: | 9780511896217 |
| DOI: | 10.1017/CBO9780511896217 |
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| 505 | 8 | 0 | |g Introduction |t Equilibrium, disequilibrium and economic theory |t Dynamic instability and economic models |t Structural instability and economic change |t Uncertainty, predictability and flexibility |t Rationality and expectations |t Probabilistic causality and economic analysis: Suppes, Keynes, Granger |t Lucas's scientific paradigm |t Lucas's heuristic model |t The real equilibrium business cycle and Lucas's attempt at a synthesis |t Keynes's heuristic model: general observations |t Money and production in Schumpeter and Keynes: Two dichotomies |t Keynes's heuristic model: methodological aspects |t Conclusions |
| 520 | |a This book is an investigation of the methodological and epistemological foundations of macroeconomic theory, based on an examination of the theories of Keynes and Lucas. It is divided into two parts. In the first Professor Vercelli discusses the methodological issues which lie behind the conflict among different schools of thought in macroeconomics (equilibrium and disequilibrium, risk and uncertainty, rationality and causality). These issues are central to the current debate not only in many branches of economics, but also in other scientific disciplines. The traditional point of view of science based on equilibrium, stability and determinism has been increasingly challenged by a new point of view in which disequilibrium, instability and uncertainty play a crucial role. This, the author argues, is bound to put macroeconomics in a new, more promising position. In the second part of the book the author compares the two main alternative research programmes in macroeconomics: that outlined by Keynes in his 'General Theory', and that suggested by Lucas, the leader of the new classical economists | ||
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| author | Vercelli, Alessandro |
| author_facet | Vercelli, Alessandro |
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| contents | rt I rt II. Keynes After Lucas Equilibrium, disequilibrium and economic theory Dynamic instability and economic models Structural instability and economic change Uncertainty, predictability and flexibility Rationality and expectations Probabilistic causality and economic analysis: Suppes, Keynes, Granger Lucas's scientific paradigm Lucas's heuristic model The real equilibrium business cycle and Lucas's attempt at a synthesis Keynes's heuristic model: general observations Money and production in Schumpeter and Keynes: Two dichotomies Keynes's heuristic model: methodological aspects Conclusions |
| ctrlnum | (ZDB-20-CBO)CR9780511896217 (OCoLC)967420904 (DE-599)BVBBV043928791 |
| dewey-full | 339 |
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| dewey-ones | 339 - Macroeconomics and related topics |
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| dewey-search | 339 |
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| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1017/CBO9780511896217 |
| format | Electronic eBook |
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| isbn | 9780511896217 |
| language | English |
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| spelling | Vercelli, Alessandro Verfasser aut Keynes dopo Lucas Methodological foundations of macroeconomics Keynes and Lucas Alessandro Vercelli Cambridge Cambridge University Press 1991 1 online resource (xv, 269 pages) txt rdacontent c rdamedia cr rdacarrier Title from publisher's bibliographic system (viewed on 05 Oct 2015) rt I rt II. Keynes After Lucas Introduction Equilibrium, disequilibrium and economic theory Dynamic instability and economic models Structural instability and economic change Uncertainty, predictability and flexibility Rationality and expectations Probabilistic causality and economic analysis: Suppes, Keynes, Granger Lucas's scientific paradigm Lucas's heuristic model The real equilibrium business cycle and Lucas's attempt at a synthesis Keynes's heuristic model: general observations Money and production in Schumpeter and Keynes: Two dichotomies Keynes's heuristic model: methodological aspects Conclusions This book is an investigation of the methodological and epistemological foundations of macroeconomic theory, based on an examination of the theories of Keynes and Lucas. It is divided into two parts. In the first Professor Vercelli discusses the methodological issues which lie behind the conflict among different schools of thought in macroeconomics (equilibrium and disequilibrium, risk and uncertainty, rationality and causality). These issues are central to the current debate not only in many branches of economics, but also in other scientific disciplines. The traditional point of view of science based on equilibrium, stability and determinism has been increasingly challenged by a new point of view in which disequilibrium, instability and uncertainty play a crucial role. This, the author argues, is bound to put macroeconomics in a new, more promising position. In the second part of the book the author compares the two main alternative research programmes in macroeconomics: that outlined by Keynes in his 'General Theory', and that suggested by Lucas, the leader of the new classical economists Keynes, John Maynard / 1883-1946 Lucas, Robert E. Lucas, Robert E. 1937-2023 (DE-588)124426115 gnd rswk-swf Keynes, John Maynard 1883-1946 (DE-588)118561804 gnd rswk-swf Macroeconomics Makroökonomie (DE-588)4037174-8 gnd rswk-swf Methodologie (DE-588)4139716-2 gnd rswk-swf Methode (DE-588)4038971-6 gnd rswk-swf Keynes, John Maynard 1883-1946 (DE-588)118561804 p Makroökonomie (DE-588)4037174-8 s Methodologie (DE-588)4139716-2 s Lucas, Robert E. 1937-2023 (DE-588)124426115 p 1\p DE-604 Methode (DE-588)4038971-6 s 2\p DE-604 Erscheint auch als Druckausgabe 978-0-521-07473-5 Erscheint auch als Druckausgabe 978-0-521-39294-5 https://doi.org/10.1017/CBO9780511896217 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Vercelli, Alessandro Methodological foundations of macroeconomics Keynes and Lucas rt I rt II. Keynes After Lucas Equilibrium, disequilibrium and economic theory Dynamic instability and economic models Structural instability and economic change Uncertainty, predictability and flexibility Rationality and expectations Probabilistic causality and economic analysis: Suppes, Keynes, Granger Lucas's scientific paradigm Lucas's heuristic model The real equilibrium business cycle and Lucas's attempt at a synthesis Keynes's heuristic model: general observations Money and production in Schumpeter and Keynes: Two dichotomies Keynes's heuristic model: methodological aspects Conclusions Keynes, John Maynard / 1883-1946 Lucas, Robert E. Lucas, Robert E. 1937-2023 (DE-588)124426115 gnd Keynes, John Maynard 1883-1946 (DE-588)118561804 gnd Macroeconomics Makroökonomie (DE-588)4037174-8 gnd Methodologie (DE-588)4139716-2 gnd Methode (DE-588)4038971-6 gnd |
| subject_GND | (DE-588)124426115 (DE-588)118561804 (DE-588)4037174-8 (DE-588)4139716-2 (DE-588)4038971-6 |
| title | Methodological foundations of macroeconomics Keynes and Lucas |
| title_alt | Keynes dopo Lucas Equilibrium, disequilibrium and economic theory Dynamic instability and economic models Structural instability and economic change Uncertainty, predictability and flexibility Rationality and expectations Probabilistic causality and economic analysis: Suppes, Keynes, Granger Lucas's scientific paradigm Lucas's heuristic model The real equilibrium business cycle and Lucas's attempt at a synthesis Keynes's heuristic model: general observations Money and production in Schumpeter and Keynes: Two dichotomies Keynes's heuristic model: methodological aspects Conclusions |
| title_auth | Methodological foundations of macroeconomics Keynes and Lucas |
| title_exact_search | Methodological foundations of macroeconomics Keynes and Lucas |
| title_full | Methodological foundations of macroeconomics Keynes and Lucas Alessandro Vercelli |
| title_fullStr | Methodological foundations of macroeconomics Keynes and Lucas Alessandro Vercelli |
| title_full_unstemmed | Methodological foundations of macroeconomics Keynes and Lucas Alessandro Vercelli |
| title_short | Methodological foundations of macroeconomics |
| title_sort | methodological foundations of macroeconomics keynes and lucas |
| title_sub | Keynes and Lucas |
| topic | Keynes, John Maynard / 1883-1946 Lucas, Robert E. Lucas, Robert E. 1937-2023 (DE-588)124426115 gnd Keynes, John Maynard 1883-1946 (DE-588)118561804 gnd Macroeconomics Makroökonomie (DE-588)4037174-8 gnd Methodologie (DE-588)4139716-2 gnd Methode (DE-588)4038971-6 gnd |
| topic_facet | Keynes, John Maynard / 1883-1946 Lucas, Robert E. Lucas, Robert E. 1937-2023 Keynes, John Maynard 1883-1946 Macroeconomics Makroökonomie Methodologie Methode |
| url | https://doi.org/10.1017/CBO9780511896217 |
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