straightjacket of optimizing microfoundations, the approach can provide a useful starting point for the analysis of dynamic …

microfoundations was not raised for the first time in the 1960s or ‘70s, as is sometimes thought, but goes back to the very foundations … of Patinkin, Clower, and Barro and Grossman; and the more recent representative-agent microfoundations, starting with …

microfoundations' approach considers this property of micro-level interactions to more strongly determine macro-level outcomes compared … 'mechanical' nature. So rather than taking an 'explicit microfoundations' approach, in which individuals are represented as 'white … examine a parsimonious, agent-based macroeconomic model with implicit microfoundations. It generates many of the reported …

microfoundations" approach considers this property of micro-level interactions to more strongly determine macro-level outcomes compared … "mechanical" nature. So rather than taking an "explicit microfoundations" approach, in which individuals are represented as "white … examine a parsimonious, agent-based macroeconomic model with implicit microfoundations. It generates many of the reported …

microfoundations' approach considers this property of micro-level interactions to more strongly determine macro-level outcomes compared … 'mechanical' nature. So rather than taking an 'explicit microfoundations' approach, in which individuals are represented as 'white … examine a parsimonious, agent-based macroeconomic model with implicit microfoundations. It generates many of the reported …

microfoundations' approach assumes this property of micro-level interactions more strongly conditions macro-level outcomes compared to …‘mechanical' nature. So rather than taking an ‘explicit microfoundations' approach, in which individuals are represented as ‘white … examine a parsimonious, agent-based macroeconomic model with implicit microfoundations. It generates many of the reported …

economics - the so-called microfoundations of macroeconomics - is adequately to ground or replace higher level causal analysis …. The paper will attempt to understand the key issues surrounding the microfoundations of macroeconomics from a perspectival … realist perspective that elucidates the relationship between economists' methodological preference for microfoundations and …

practice used the reduced microeconomic theory: this is the program of microfoundations for macroeconomics to which the vast …