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New Paradigm in Macroeconomics
By:R. Werner
Published on 2005-03-21 by Springer

Modern mainstream economics is attracting an increasing number of critics of its high degree of abstraction and lack of relevance to economic reality. Economists are calling for a better reflection of the reality of imperfect information, the role of banks and credit markets, the mechanisms of economic growth, the role of institutions and the possibility that markets may not clear. While it is one thing to find flaws in current mainstream economics, it is another to offer an alternative paradigm which, can explain as much as the old, but can also account for the many 'anomalies'. That is what this book attempts. Since one of the biggest empirical challenges to the 'old' paradigm has been raised by the second largest economy in the world - Japan - this book puts the proposed 'new paradigm' to the severe test of the Japanese macroeconomic reality.

This Book was ranked at 32 by Google Books for keyword Credit theory of money.

Book ID of New Paradigm in Macroeconomics's Books is 5I2MDAAAQBAJ, Book which was written byR. Wernerhave ETAG "+rqH1hjB5ns"

Book which was published by Springer since 2005-03-21 have ISBNs, ISBN 13 Code is 9780230506077 and ISBN 10 Code is 0230506070

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Book which have "423 Pages" is Printed at BOOK under CategoryBusiness and Economics

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