Aggregation: Aggregate Production Functions and Related Topics

by Franklin M. Fisher

Aggregation lies at the heart of macroeconomics. Economists using such aggregates as capital, investment, labor, and even output or GNP assume that such constructions have a sound analytic foundation. The question of the existence of aggregate production functions is not only part of the foundation of macroeconomic theory and policy but also played a central role in the "Cambridge vs. Cambridge" debate, which challenged long-held assumptions about...

• Format: Hardcover
• Language: English
• ISBN: 026206152X
• ISBN13: 9780262061520
• Release Date: December 1992
• Publisher: MIT Press (MA)
• Length: 280 Pages
• Weight: 1.20 lbs.
• Dimensions: 1.1" x 6.1" x 9.3"