S. Harris ( New York : Knopf , 1947 ) , pp . 572-87 ; “ The Cruel Dilemma , ” in The Battle against Unemployment , rev . ed . , ed . Arthur M. Okun ( New York : W. W. Norton & Co. , Inc. , 1972 ) , pp . 44–53 ; and “ Inflation and ...
Papers stressing the stickiness of wages or prices include Fischer (1977), Phelps and Taylor (1977), Barro (1977), Gray (1976, 1978), and Taylor (1979, 1980). For good surveys of the rational expectations literature, see Shiller (1978), ...
Solutions to odd-numbered problem set questions in Modern Macroeconomics. Solutions to odd-numbered problem set questions in Modern Macroeconomics.
In Honor of Edmund S. Phelps Philippe Aghion, Roman Frydman, Joseph E. Stiglitz, Michael Woodford ... Imperfectly competitive models of price setting are now commonplace in modern macroeconomic models, and the idea that business ...
Both fully updated and substantially revised, these new editions include brand new problems and numerical examples alongside previously uncovered and highly topical subjects such as dynamic programming, competitive risk sharing equilibria ...
Foundations of Modern Macroeconomics is aimed at getting round this fundamental problem: it deals with all the major topics, summarizes the important approaches, and gives students a coherent angle on all aspects of macroeconomic thought.
The Phillips curve, computed as an empirical relationship found in nearly a century of British data, was introduced by the LSE economist A. W H. (Bill) Phillips in 1958. His conclusion was that, except in years when imported inflation ...
Designed to complement the third edition of Foundations of Modern Macroeconomics, this manual enables students to further sharpen their skills in macroeconomic formulation and solution.
Moreover, in an augmented form, some of the authors in this volume would even see fit to use IS-LM for modern policy analysis. As will be seen, therefore, the IS-LM model is `not yet dead'.
This unique up-to-date volume not only provides state-of-the-art discussions of the most recent developments in modern macroeconomics but also includes a series of interviews with leading economists that shed new...
In this book, Kartik Athreya draws a truer picture, offering a nontechnical description of prominent ideas and models in macroeconomics, and arguing for their value as interpretive tools as well as their policy relevance.