Real Business Cycles: A Reader

James E. Hartley, Kevin D. Hoover, Kevin D. Salyer

Routledge, 1998 - Business & Economics - 669 pages

Real Business Cycle theory combines the remains of monetarism with the new classical macroeconomics, and has become one of the dominant approaches within contemporary macroeconomics today. This volume presents:
* the authoritative anthology in RBC. The work contains the major articles introducing and extending the theory as well as critical literature
* an extensive introduction which contains an expository summary and critical evaluation of RBC theory
* comprehensive coverage and balance between seminal papers and extensions; proponents and critics; and theory and empirics.
Macroeconomics is a compulsory element in most economics courses, and this book will be an essential guide to one of its major theories.

About the author

Hartley is of Mount Holyoke College.

Kevin D. Hoover is Professor of Economics and Philosophy at Duke University. A graduate of the College of William and Mary, he received his doctorate from the University of Oxford. He developed his interest in applied macroeconomics early in his career while working at the Federal Reserve Bank of San Francisco. Before moving to Duke, Hoover taught economics at the University of California, Davis, and at Oxford. He is the author of The New Classical Macroeconomics (1988), Causality in Macroeconomics (Cambridge University Press, 2001) and The Methodology of Empirical Macroeconomics (Cambridge University Press, 2001), as well as nine edited volumes and more than 100 academic articles on macroeconomics, monetary economics, econometrics, the methodology and philosophy of economics, and the history of economic thought. He is past chairman of the International Network for Economic Method, the past president of the History of Economics Society and a former editor of the Journal of Economic Methodology. He is currently the editor of the journal History of Political Economy and a Fellow of the Center for the History of Political Economy at Duke University.

Salyer is of the University of California, Davis.

Bibliographic information

• Title: Real Business Cycles: A Reader
• Editors: James E. Hartley, Kevin D. Hoover, Kevin D. Salyer
• Edition: illustrated
• Publisher: Routledge, 1998
• ISBN: 0415171547, 9780415171540
• Length: 669 pages
• Subjects: Business & Economics / Economics / General; Business & Economics / Economics / Microeconomics