Nobel Laureate Robert Solow is widely regarded as one of the greatest living economists. In Monopolistic Competition and Macroeconomic Theory Solow gives a non-technical account of the implications of monopolistic competition on macroeconomic theory and shows that micro-based models can offer the possibility of a richer and more intuitive macroeconomics.
Nobel Laureate Robert Solow assesses the implications of monopolistic competition on macroeconomic theory.