What's right with macroeconomics?
Global crises are very rare events. After the Great Depression and the Great Stagflation, new macroeconomic paradigms associated with a new policy regime emerged. This book addresses how some macroeconomic ideas have failed, and examines which theories researchers should preserve and develop. It que...
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| Other Authors: | , |
| Format: | eBook |
| Language: | English |
| Published: |
Northampton, Mass
Edward Elgar Pub
2012
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| Series: | Cournot centre series
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| Online Access: | |
| Collection: | Edward Elgar eBook Archive - Collection details see MPG.ReNa |
| Summary: | Global crises are very rare events. After the Great Depression and the Great Stagflation, new macroeconomic paradigms associated with a new policy regime emerged. This book addresses how some macroeconomic ideas have failed, and examines which theories researchers should preserve and develop. It questions how the field of economics - still reeling from the global financial crisis initiated in the summer of 2007 - will respond chapter 1. The fireman and the architect / Xavier Timbeau -- chapter 2. Model comparison and robustness : a proposal for policy analysis after the financial crisis / Volker Wieland -- chapter 3. The 'hoc' of international macroeconomics after the crisis / Giancarlo Corsetti -- chapter 4. Try again, macroeconomists / Jean-Bernard Chatelain -- chapter 5. Economic policies with endogenous innovation and keynesian demand management / Giovanni Dosi ... [et al.] -- chapter 6. Booms and busts : new keynesian and behavioural explanations / Paul De Grauwe -- chapter 7. The economics of the laboratory mouse : where do we go from here? / Xavier Ragot -- chapter 8. Round table discussion : where is macro going? / Wendy Carlin, Robert J. Gordon and Robert M. Solow |
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| Physical Description: | xvi, 240 p ill |
| ISBN: | 9781781007402 9781781007396 9781781007440 |