Routledge handbook of macroeconomic methodology

Bibliographic Information

Routledge handbook of macroeconomic methodology

edited by Jesper Jespersen, Victoria Chick and Bert Tieben

(Routledge international handbooks)

Routledge, 2023

  • : hbk

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Includes bibliographical references and indexes

Description and Table of Contents

Description

Draws together the various strands and schools of thought to provide a unique overview of the methods employed in the research and study of macroeconomics. Demonstrates the relevance and vitality of macroeconomics beyond the idea of microeconomic foundations.

Table of Contents

Introduction: The scope and content of the Handbook I. Philosophy of Science Perspectives I.1. Methodological Individualism and Macroeconomics I.2. Deduction, Induction and Abduction I.3. Instrumentalism I.4 From positivism to naturalism in macroeconomics I.5. Holism & Fallacy of Composition I.6. Macroeconomics and Ethics II. Concepts II.1 Time in Macroeconomics II.2 Uncertainty and Macroeconomic Methodology II.3 Path dependency II.4 Equilibrium II.5 Causality and macroeconomics II.6 Microeconomic foundation of macroeconomics II.7 Open and closed systems II.8. Money and Macroeconomic Methodology III. Schools of Thought III.1. Classical Political Economy III.2. Neoclassical Macroeconomics III.3. Keynes's Macroeconomic Method III.4. Post Keynesian Methodology III.5. The Austrian Denial of Macroeconomics III.6. What was Marx's Method, actually? III.7. Methodological Pluralism in Macroeconomics IV. Models, Econometrics and Measurement IV.1. Use of Mathematics in macroeconomic analysis IV.2. Explanation and Forecasting IV.3. Using macroeconomic models in policy practice IV.4. Traditional Methods of Macroeconometrics IV.5. Macroeconometrics: Cointegrated VAR Method IV.6. National Accounts and Macroeconomic Methodology V. Communicating Macroeconomics V.1. The rhetorical perspective on macroeconomics V.2. Teaching Macroeconomic Methodology

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