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Behavioural Macroeconomics Spanish prepositions and developments from the field

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and developments from the field

" They address highly policy-relevant questions: Who is killing whom

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EAN: 9781337710824

Behavioural Macroeconomics Spanish prepositions and developments from the fieldModern macroeconomics has been based on the paradigm of the rational individual capable of understanding the complexity of the world. This has created a very shallow theory of the business cycle in which nothing happens in the macroeconomy unless shocks occur from outside. Behavioural Macroeconomics: Theory and Policy uses a different paradigm. It assumes that individual agents experience cognitive limitations preventing them from having rational

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