Assembling some of the leading figures in the field of macroeconomics, this text highlights the continuing influence of the ideas of Edmund Phelps since the early 1960s. The contributions address many of the most important current areas of macroeconomic research in 2003.See also credit card debt consumption: choices, 240; habit formation, 268; impulse responses to technology shocks, 535, ... 234-36, 246a47; discount functions, 238, 238f; discount rates, 242-43, 242f, 245, 246, 254; empirical comparison, anbsp;...
|Title||:||Knowledge, Information, and Expectations in Modern Macroeconomics|
|Author||:||Edmund S. Phelps, Philippe Aghion|
|Publisher||:||Princeton University Press - 2003-01|