Knowledge, Information, and Expectations in Modern MacroeconomicsAuthor :
Paperback
Published : Sunday 26 January 2003
Description
Highlights the influence of Edmund Phelps' ideas. Addressing the most important debates in macroeconomic theory, this book focuses on the rates at which new technologies arise and information about markets is dispersed, information imperfections, and the heterogeneity of beliefs as determinants of an economy's performance.
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