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 researchActs as a one-of-a-kind resource as no major collections of macroeconomic essays have been published in the last decade INDICE: Section 1: The Facts of Economic Growth and Economic FluctuationChapter 1: RBC Methodology and the Development of Aggregate Economic TheoryChapter 2: The Facts of Economic GrowthChapter 3: Macroeconomic Shocks and Their PropagationChapter 4: Macroeconomic Regimes and Regime ShiftsChapter 5: The Macroeconomics of Time AllocationChapter 6: Who Bears the Cost of Recessions? The Role of House Prices and Household DebtChapter 7: Allocative and Remitted Wages: New Facts and Challenges for Keynesian ModelsChapter 8: Financial and Fiscal CrisesSection 2: The Methodology of MacroeconomicsChapter 9: Factor Models and Structural Vector Autoregressions in MacroeconomicsChapter 10: Solution and Estimation Methods for DSGE ModelsChapter 11: Recursive Contracts and Endogenously Incomplete MarketsChapter 12: Macroeconomics and Household HeterogeneityChapter 13: Natural Experiments in MacroeconomicsChapter 14: Accounting for Business CyclesChapter 15: Incomplete Information in Macroeconomics: Accommodating Frictions in CoordinationChapter 16: New Methods for Macro-Financial Model Comparison and Policy Analysis
- ISBN: 978-0-444-59469-3
- Editorial: North Holland
- Encuadernacion: Cartoné
- Páginas: 1320
- Fecha Publicación: 01/12/2016
- Nº Volúmenes: 1
- Idioma: Inglés