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Macroeconomics from the Bottom-up

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This book critiques the NNS-DSGE approach to macroeconomic analysis, arguing it fails to explain real-world phenomena like financial crises and market behavior. It proposes Bottom-up Adaptive Macroeconomics (BAM), focusing on heterogeneous individuals interacting in a complex system and emphasizing the importance of intermarket relationships, aggregate prices, and the emergence of macro behavior from individual actions.

Parametry

ISBN
9788847025189
Nakladatelství
Springer Italia

Kategorie

Varianta knihy

2013, měkká

Nákup knihy

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