Time and Money: The Macroeconomics of Capital Structure

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Taylor & Francis, Jan 22, 2002 - Business & Economics - 288 pages
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Time and Money argues persuasively that the troubles which characterise modern capital-intensive economies, particularly the episodes of boom and bust, may best be analysed with the aid of a capital-based macroeconomics. The primary focus of this text is the intertemporal structure of capital, an area that until now has been neglected in favour of labour and money-based macroeconomics.

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About the author (2002)

Roger W. Garrison is Professor of Economics at Auburn University, Alabama.

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