《Equilibrium Business Cycle Theory in Historical Perspective》是年出版的圖書，作者是Kyun, Kim。
基本介紹
- 外文名：Equilibrium Business Cycle Theory in Historical Perspective
- 作者：Kyun, Kim
- 出版時間：1988年6月
- ISBN：9780521350785
內容簡介
This book presents a historical investigation of the theoretical development of contemporary Equilibrium Business Cycle Theory (EBCT). The author examines the central features of the EBCT by tracing both the history of business cycle theory and the history of econometrics. These historical analyses make clear two central principles of the EBCT: its optimization foundation and its economic strategy. Following along these lines, the author argues that the EBCT succeeds the tradition of the Austrian cycle theory that attempted to incorporate the cycle with classical equilibrium doctrine. He further argues that the EBCT's econometric strategy is only a child of the Cowles commission method. Presenting a fresh viewpoint of interwar macroeconomics in very readable style, this book brings the period back into the heart of macroeconomic thinking today.
