Müller, Christian (2011) Our Economy. Modern Economy, 02 (04). pp. 569-574. ISSN 2152-7245
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ME20110400013_18182751.pdf - Published Version
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ME20110400013_18182751.pdf - Published Version
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Official URL: https://doi.org/10.4236/me.2011.24063
Abstract
I discuss the strengths and weaknesses of the current predominant approach to macroeconomic modelling of asset prices and suggest an alternative perspective. This alternative rests on the insight that the economy is the result of individual decisions. The industry standard has it, however, that individual action is ruled by objective, general laws instead. Changing the point of view allows to reconcile numerous puzzles and paves the way for a promising new research agenda.
Item Type: | Article |
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Subjects: | STM Repository > Multidisciplinary |
Depositing User: | Managing Editor |
Date Deposited: | 16 Sep 2023 05:34 |
Last Modified: | 16 Sep 2023 05:34 |
URI: | http://classical.goforpromo.com/id/eprint/3628 |