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What’s Right with Macroeconomics?

Robert M. Solow
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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
      Format: Hardback CONTRIBUTORS: Robert M. Solow EAN: 9781781007396 COUNTRY: United Kingdom PAGES: WEIGHT: 0 g HEIGHT: 234 cm
      PUBLISHED BY: Edward Elgar Publishing Ltd DATE PUBLISHED: 2012-12-28 CITY: GENRE: BUSINESS & ECONOMICS / Economic Conditions, BUSINESS & ECONOMICS / Economics / Macroeconomics WIDTH: 156 cm SPINE:

      Book Themes:

      Macroeconomics

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      Edited by Robert M. Solow, Institute Professor Emeritus, Massachusetts Institute of Technology, US, Co-founder and Chairman, Cournot Foundation, Paris, France and Jean-Philippe Touffut, Director, Cournot Centre, Paris, France
      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
      Format: Hardback CONTRIBUTORS: Robert M. Solow EAN: 9781781007396 COUNTRY: United Kingdom PAGES: WEIGHT: 0 g HEIGHT: 234 cm
      PUBLISHED BY: Edward Elgar Publishing Ltd DATE PUBLISHED: 2012-12-28 CITY: GENRE: BUSINESS & ECONOMICS / Economic Conditions, BUSINESS & ECONOMICS / Economics / Macroeconomics WIDTH: 156 cm SPINE:

      Book Themes:

      Macroeconomics

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      Edited by Robert M. Solow, Institute Professor Emeritus, Massachusetts Institute of Technology, US, Co-founder and Chairman, Cournot Foundation, Paris, France and Jean-Philippe Touffut, Director, Cournot Centre, Paris, France

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