Handbook of Macroeconomics

Handbook of Macroeconomics

by John B. Taylor
     
 

ISBN-10: 0444501584

ISBN-13: 9780444501585

Pub. Date: 12/13/1999

Publisher: Elsevier Science

Handbook of Macroeconomics surveys all major advances in macroeconomic scholarship since the publication of Volume 1 (1999), carefully distinguishing between empirical, theoretical, methodological, and policy issues. It courageously examines why existing models failed during the financial crisis, and also addresses well-deserved criticism head on.

With

Overview

Handbook of Macroeconomics surveys all major advances in macroeconomic scholarship since the publication of Volume 1 (1999), carefully distinguishing between empirical, theoretical, methodological, and policy issues. It courageously examines why existing models failed during the financial crisis, and also addresses well-deserved criticism head on.

With contributions from the world's chief macroeconomists, its reevaluation of macroeconomic scholarship and speculation on its future constitute an investment worth making.

  • Serves a double role as a textbook for macroeconomics courses and as a gateway for students to the latest research
  • Acts as a one-of-a-kind resource as no major collections of macroeconomic essays have been published in the last decade
  • Builds upon Volume 1 by using its section headings to illustrate just how far macroeconomic thought has evolved

Product Details

ISBN-13:
9780444501585
Publisher:
Elsevier Science
Publication date:
12/13/1999
Series:
Handbook of Macroeconomics Series
Pages:
588
Product dimensions:
1.44(w) x 9.00(h) x 6.00(d)

Table of Contents

Section 1: The Facts of Economic Growth and Economic Fluctuation Chapter 1: RBC Methodology and the Development of Aggregate Economic Theory Chapter 2: The Facts of Economic Growth Chapter 3: Macroeconomic Shocks and Their Propagation Chapter 4: Macroeconomic Regimes and Regime Shifts Chapter 5: The Macroeconomics of Time Allocation Chapter 6: Who Bears the Cost of Recessions? The Role of House Prices and Household Debt Chapter 7: Allocative and Remitted Wages: New Facts and Challenges for Keynesian Models Chapter 8: Financial and Fiscal Crises Section 2: The Methodology of Macroeconomics Chapter 9: Factor Models and Structural Vector Autoregressions in Macroeconomics Chapter 10: Solution and Estimation Methods for DSGE Models Chapter 11: Recursive Contracts and Endogenously Incomplete Markets Chapter 12: Macroeconomics and Household Heterogeneity Chapter 13: Natural Experiments in Macroeconomics Chapter 14: Accounting for Business Cycles Chapter 15: Incomplete Information in Macroeconomics: Accommodating Frictions in Coordination Chapter 16: New Methods for Macro-Financial Model Comparison and Policy Analysis Section 3: Financial-Real Connections Chapter 17: Wholesale Banking and Bank Runs in Macroeconomic Modelling of Financial Crises Chapter 18: Housing and Credit Markets: Bubbles and Crashes Chapter 19: Macro, Money and Finance: A Continuous-Time Approach Chapter 20: Housing and Macroeconomics Chapter 21: Term Structure of Uncertainty in the Macroeconomy Chapter 22: Quantitative Models of Sovereign Debt Crises Section 4: Models of Economic Growth and Fluctuations Chapter 23: Families in Macroeconomics Chapter 24: Environmental Macroeconomics Chapter 25: The Staying Power of Staggered Wage and Price Setting Models in Macroeconomics Chapter 26: Neoclassical Models in Macroeconomics Chapter 27: Macroeconomics of Persistent Slumps Chapter 28: Macroeconomics and the Labor Market Section 5: Macroeconomic Policy Chapter 29: Challenges for Central Banks'Macro Models Chapter 30: Liquidity requirements, liquidity choice and financial stability Chapter 31: Understanding Inflation as a Joint Monetary-Fiscal Phenomenon Chapter 32: Fiscal Multipliers: Liquidity Traps and Currency Unions Chapter 33: What is a Sustainable Public Debt? Chapter 34: The Political Economy of Government Debt

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