What's right with macroeconomics?

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Bibliographic Details
Corporate Authors: Edward Elgar Publishing
Group Author: Touffut Jean-Philippe; Solow Robert M
Published: Edward Elgar Pub.,
Publisher Address: Cheltenham ; Northampton, Mass.
Publication Dates: 2012.
Literature type: Book
Language: English
Series: The Cournot centre series
Subjects:
Carrier Form: xvi, 240 p.: ill. ; 24cm.
ISBN: 9781781007396 (hardback)
178100739X (hardback)
9781781007440 (pbk.)
1781007446 (pbk.)
Index Number: F015
CLC: F015
Call Number: F015/W555
Contents: Includes bibliographical references and index.
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
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.