What's Right With Macroeconomics?

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What's Right With Macroeconomics?

What's Right With Macroeconomics?

Name: What's Right With Macroeconomics?
ISBN: 9781781007440

Robert M. Solow, Jean-Philippe Touffut, Robert M. Solow, Jean-Philippe Touffut

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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.

The contributors, nine highly-renowned macroeconomists, highlight the virtues of eclectic macroeconomics over an authoritarian normative approach, and illustrate that macroeconomic reasoning can still be a useful tool for carrying out practical policy analysis. As for emerging research programmes, their wide-ranging chapters remind us that there are positive approaches to and reasons to believe in old-fashioned macroeconomics.

This challenging and thought-provoking book will prove a stimulating read for researchers, academics and students of economics, as well as for professional economists.

Contributors include: W. Carlin, J.-B. Chatelain, G. Corsetti, P. De Grauwe, G. Dosi, G. Fagiolo, R.J. Gordon, M. Napoletano, X. Ragot, A. Roventini, R.M. Solow, X. Timbeau, J.-P. Touffut, V. Wieland

الفئات:

Business & Economics

عام:

2013

الناشر:

Edward Elgar Pub

اللغة:

english

الصفحات:

256

ISBN 10:

1781007446