Does Macroeconomics Need Microfoundations?
The representative-agent in macroeconomics analyzes the gas as if there is one big molecule subject to the law that governs real molecules. Kevin D. Hoover (2007). Are only…
The representative-agent in macroeconomics analyzes the gas as if there is one big molecule subject to the law that governs real molecules. Kevin D. Hoover (2007). Are only…
Financialization is a set of related phenomena that reveal “the increasing role of financial motives, financial markets, financial instruments, financial actors, and financial institutions in the operations of…
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