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Type: BOOK - Published: 2012-12-06 - Publisher: Springer Science & Business Media

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The main purpose of this monograph is to give a detailed account of a contemporary, state-of-the art, macroeconometric model that is regularly used for policy a
A Critical Essay on Modern Macroeconomic Theory
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In the early 1980s, rational expectations and new classical economics dominated macroeconomic theory. This essay evolved from theauthors' profound disagreement
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As Ken Wallis (1993) has pOinted out, all macroeconomic forecasters and policy analysts use economic models. That is, they have a way of going from assumptions
Advanced Macroeconomics
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Macroeconomic policy is one of the most important policy domains, and the tools of macroeconomics are among the most valuable for policy makers. Yet there has b
Income Distribution in Macroeconomic Models
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Authors: Giuseppe Bertola
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This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of inco