A critical examination of The prevailing orthodoxy according to which all macroeconomic theory should be reducible to microeconomics. The book provides a mathem

A critical examination of The prevailing orthodoxy according to which all macroeconomic theory should be reducible to microeconomics. The book provides a mathem

For some seven decades, econometrics has been almost exclusiveley dealing with constructing and applying econometric equation systems, which constitute constrai

This manuscript is about the joint dynamics of stock returns and trading volume. It grew out of my attempt to construct an intertemporal asset pricing model wit

This book analyses situations in which individual agents, who might be different from each other, interact and produce behaviour on the aggregate level which do