What's right with macroeconomics?
By: edited by Robert M. Solow, Jean-Philippe Touffut
Series: Cournot Centre Series
Publisher: Edward Elgar
Published: 2012
Place of publication: Cheltenham, UK; Northampton, MA
Language: eng
Number of pages: 240
ISBN-13: 9781781007396; 9781781007440
Copyright date: 2012
Subjects: Macroeconomics
Description: "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" -Back cover.
Notes: Includes bibliographical references and index.
Table of contents: title: Introduction: passing the smell test / Robert M. Solow and Jean-Phillippe Touffut; title: The fireman and the architect / Xavier Timbeau; title: Model comparison and robustness: a proposal for policy analysis after the financial crisis / Volker Wieland; title: The 'hoc' of international macroeconomics after the crisis / Giancarlo Corsetti; title: Try again, macroeconomists / Jean-Bernard Chatelain; title: Economic policies with endogenous innovation and Keynesian demand management / Giovanni Dosi, Giorgio Fagiolo, Mauro Napoletano and Andrea Roventini; title: Booms and busts: New Keynesian and behavioural explanations / Paul De Grauwe; title: The economics of the laboratory mouse: where do we go from here? / Xavier Ragot; title: Round table discussion: where is macro going / Wendy Carlin, Robert J. Gordon and Robert M Solow.