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Studies in Business-Cycle Theory

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Title: Studies in Business-Cycle Theory
by Robert E. Lucas
ISBN: 0-262-62044-8
Publisher: MIT Press
Pub. Date: 10 March, 1983
Format: Paperback
Volumes: 1
List Price(USD): $28.00

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Average Customer Rating: 5 (2 reviews)

Customer Reviews

Rating: 5
Summary: Truly exceptional
Comment: The book includes articles that at this moment have become classical in economic theory. Being written by the leader of new classical economics this book helps one to enter the world of rational expectations macroeconomics.

Rating: 5
Summary: still worth the time
Comment: New classical economics has been heavily criticized
from a variety of perspectives.
Still this book convinced me of the usefulness of this kind of exercises, e.g. with respect to questions like how strong an assumption is needed exactly to derive a particular result...

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