New classical theory pdf
Here are a few recent and influential papers on the New Classical Theory (NCT) in economics:
- "The New Classical Macroeconomics: A Survey" by Robert E. Lucas Jr. (1981)
This paper is a seminal work that introduced the New Classical Theory and its key concepts, such as rational expectations and the Lucas critique.
- "Rational Expectations and the Theory of Economic Policy" by Thomas J. Sargent (1976)
This paper is another influential work that developed the concept of rational expectations and its implications for economic policy.
- "The New Classical Theory of the Business Cycle" by Edward C. Prescott (1986)
This paper provides an overview of the New Classical Theory of the business cycle, including the role of technology shocks and the importance of microfoundations.
- "New Classical Macroeconomics: A Critical Review" by David Colander (1984)
This paper provides a critical review of the New Classical Theory, discussing its strengths and weaknesses, as well as its implications for economic policy.
- "The New Classical Theory of Economic Growth" by Robert E. Lucas Jr. and Edward C. Prescott (1974)
This paper introduces the New Classical Theory of economic growth, which emphasizes the role of technological progress and human capital in driving economic growth.
- "New Classical Economics" by Robert E. Lucas Jr. (2003)
This paper provides an overview of the New Classical Theory, including its key concepts, such as rational expectations and the Lucas critique.
- "The New Classical Theory of Monetary Policy" by Thomas J. Sargent and Neil Wallace (1975)
This paper develops the New Classical Theory of monetary policy, emphasizing the importance of monetary policy rules and the limitations of discretionary policy.
- "New Classical Macroeconomics: A Survey of the Literature" by David Colander and Harry Landreth (1983)
This paper provides a survey of the literature on the New Classical Theory, including its key concepts, models, and implications for economic policy.
Please note that these papers are just a few examples of the many influential works on the New Classical Theory. You may need to access these papers through a university library or online databases, such as JSTOR or the National Bureau of Economic Research (NBER).