What's Right with Macroeconomics? (Hardcover)

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

General

Imprint:	Edward Elgar Publishing Ltd
Country of origin:	United Kingdom
Series:	The Cournot Centre series
Release date:	December 2012
Editors:	Robert M. Solow • Jean-Philippe Touffut
Dimensions:	234 x 156 x 18mm (L x W x T)
Format:	Hardcover
Pages:	256
ISBN-13:	978-1-78100-739-6
Categories:	Books > Business & Economics > Economics > Macroeconomics > General
LSN:	1-78100-739-X
Barcode:	9781781007396

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