Aggregation: Aggregate Production Functions and Related Topics (Mit Press)

Title: Aggregation: Aggregate Production Functions and Related Topics (Mit Press) Author: Franklin M Fisher ISBN: 9780262061520 Publisher: Mit Pr Published: 1992 Binding: Hardcover Language: English Condition: Used: Near Fine D 1637390 Publisher Description: 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 the foundations of neoclassical microeconomics.In this third collection of his essays Franklin M. Fisher settles the question of the conditions for the existence of aggregate production f