Macroeconomic theory and economic policy : essays in honour of Jean-Paul Fitoussi

Bibliographic Information

Macroeconomic theory and economic policy : essays in honour of Jean-Paul Fitoussi

edited by K. Vela Velupillai

(Routledge frontiers of political economy, 59)

Routledge, 2004

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Includes bibliographical references and indexes

Description and Table of Contents

Description

Jean-Paul Fitoussi needs no introduction as one of the world's foremost Macroeconomists of his generation. This celebration of his work includes contributions from Nobel Prize - winning economists Robert W. Clower and Robert Solow as well as Olivier Blanchard and leading economic theorist, Edmond Malinvaud.

Table of Contents

1 Preface and summary 2The consummate macroeconomist: Jean-Paul Fitoussi 3 Price versus wage stickiness and the issue of persistence 4 Contours of employment protection reform 5 Trashing J.B. Say: the story of a mare's nest 6 Assets, debts and interest in the EU and the US: the slump in Europe revisited 7 The long swings in economic understanding 8 The difficult dialogue between the development of macroeconomic theory and macroeconomic policy concerns 9 What structuralism is - and what errors and omissions it avoids in supply-side and RBC models 10 What should we mean by "growth policy?" 11 Rational expectations equilibria: a recursion theoretic tutorial

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