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Aghion and Banerjee build a model of an aggregate economy that takes the interactions between volatility and growth seriously, while still being open to the possibility of market failures. Looking through a new lens, they begin to explain persistent macroeconomic volatility and the effects of volatility on growth.
- Illustratör: tables and mathematical equations Numerous line drawings
- Format: Pocket/Paperback
- ISBN: 9780198867739
- Språk: Engelska
- Antal sidor: 160
- Utgivningsdatum: 2020-12-18
- Förlag: OUP Oxford