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Advances in macroeconomic theory

Опубликовано на портале: 24-10-2003
Ред.: Jacques Dreze
Houndmills, Basingstoke: Palgrave, 2001, cерия "I.E.A. conference volume", 372 с.
Тематический раздел:
Leading scholars analyze a range of specific departures from general equilibrium theory which have significant implications for the macroeconomic analysis of both developed and developing economies. Jacques Drèze considers uncertainty and incomplete markets and Nobel Laureate Robert Solow relates growth theory to the macroeconomic framework. Other issues examined are the implications for macro-policy of new research, including Joseph Stiglitz's warning on the misplaced zeal for financial market liberalization which partly engendered the East Asian and Russian crises.

    Introduction: Advances and Challenges in Macroeconomics - Jacques Dreze

    Part I: The General Framework
    From Neoclassical Growth Theory to New Classical Macroeconomics - Robert H. Solow
    On the Macroeconomics of Uncertainty and Incomplete Markets (Presidential Address) - Jacques Dreze
    Macroeconomic Frictions: What Have We Learnt from the Real Business Cycle Research
    Programme? - Jean-Pierre Danthine & John B. Donaldson

    Part II: Money and Finance
    How the Rational Expectations Revolution Has Changed Macroeconomic Policy Research - John Taylor
    Monetary Policy in an Imperfect Information World - B. Greenwald
    Understanding Inflation: Implications for Monetary Policy - Stephen G. Cecchetti & Erica L. Groshen

    Part III: Wages and Employment
    Single-Peaked versus Diversified Capitalism: The Relation Between Economic Institutions and Outcomes - Richard Freeman
    Institutions, Restructuring and Macroeconomic Performance - Ricardo Caballero & Mohamad Hammour
    Rigid Wages: What Have We Learnt from Microeconomic Studies? - Francis Kramarz

    Part IV: Econometrics
    The Getting of Macroeconomic Wisdom - Adrian Pagan

    Part V: Dynamics
    Learning Dynamics: Complete and Incomplete Learning
    Standard-of-Living Aspirations and Economic Cycles - David de la Croix

    Part VI: Development
    Development Policies Beyond Export-Led Growth - Vittorio Corbo
    Macroeconomic Policies: Can We Transfer Lessons Across LDC's? - Carlos Rodriguez
    Cross-Country Growth Comparison: Theory to Empirics - Danny Quah
    Volatility and Macroeconomic Paradigms for Rich and Poor Countries (Michael Bruno Memorial Lecture) - Wiliam Easterly, Roumeen Islam & Joseph E. Stiglitz


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