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      Truman F. Bewley

      The prices of some products fluctuate dramatically, while others remain more constant. What accounts for these extreme differences?

      Renowned economist Truman F. Bewley investigates and elucidates this puzzling problem. Its…

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      Why Wages Don’t Fall during a Recession

      Truman F. Bewley

      A question in economics is why wages and salaries don’t fall during recessions. This is not true of other prices. Truman Bewley explored the puzzle by interviewing–during the recession of…

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      General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory

      Truman F. Bewley

      This book presents general equilibrium theory for advanced undergraduate and graduate-level economics students. It discusses economic efficiency, competitive equilibrium, the welfare theorems, the Kuhn-Tucker approach to general equilibrium, the Arrow-Debreu…

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      A Solutions Manual for General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory

      Truman F. Bewley

      The Solutions Manual contains answers to problems in General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory. Truman F. Bewley’s book-a cornerstone of microeconomics, general equilibrium theory, and mathematical economics…

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      Advances in Econometrics: Volume 2: Fifth World Congress

      This Volume, edited by Professor Truman F. Bewley of Yale University, includes a wide variety of topics, comprising empirical and policy oriented subjects as well as theoretical and methodological ones.

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      Advances in Econometrics: Volume 1: Fifth World Congress

      This volume contains papers focusing on econometrics that were delivered at the Fifth World Congress, held in 1985. Designed to make material accessible to a general audience of economists, these…

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