The state of macroeconomics : proceedings of a symposium, "Whither macroeconomics?"
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Bibliographic Information
The state of macroeconomics : proceedings of a symposium, "Whither macroeconomics?"
Blackwell, 1990
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"Special issue of Scandinavian journal of economics containing proceedings of a symposium arranged to celebrate the 90th anniversary of publication"-- foreword
Includes bibliographical references and index
Description and Table of Contents
Description
This collection of papers is a survey of the current state of macroeconomics, one of the most contentious fields of contemporary economic research. The book is divided into four sections. In Part I the contributors present a general overview of modern marcoeconomics with commentaries, concluding with an assessment of the state of the art from the viewpoints of empirical research and policy. Part II and III consider two topics of particular relevance - the roles of labour markets and exchange rates in macroeconomics. Part IV looks ahead, with a paper on macroeconomics and methodology, and a concluding survey of open issues in macroeconomics. The contributors to this volume include Bennett T. McCallum, Jean-Michel Grandmont, Michael Bruno, Dale T Mortensen, Richard Layard, Charles Bean, Rudiger Dornbusch, Hans Genberg, E Roy Weintraub and Assar Lindbeck.
Table of Contents
- General surveys on the state of macroeconomics, Jouko Paunio
- the new classical approach, Bennett McCallum
- discussion, Oliver Blanchard and Torben M. Andersen
- the Keynesian approach today, Jean-Michel Grandmont
- discussion, Andras Simonovits and Seppo Honkapohja
- the interaction between empirical research and macroeconomic theory and policy, Michael Bruno
- discussion, John Fleming and Martin Paldam
- overviews of new research on two policy relevant topics - labour markets and macroeconomic theory, Dale Mortensen and Richard Layard
- discussion, Errki Koskela and Steinar Strom
- exchange rates and macroeconomic theory, Rudiger Dornbusch and Hans Genberg
- discussion, Lars E.O.Svensson and Kari Puumanen
- methodology and neglected issues, Roy Weintraub and Assar Lindbeck
- panel and general discussion on methodology, neglected issues and the future of macroeconomics, Niels Thygesen
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