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Episodes in a Century of Macroeconomics

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  • A. Leijonhufvud.

Abstract

The author considers some episodes in the development of macroeconomic theory in the last century. Special attention is paid to the conceptions, which from the author’s point of view constitute an alternative to the neoclassical mainstream. The author explores the state of modern macroeconomics analyzing its advantages and drawbacks and trying to formulate the main directions for the future research.

Suggested Citation

  • A. Leijonhufvud., 2006. "Episodes in a Century of Macroeconomics," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 11.
  • Handle: RePEc:nos:voprec:2006-11-2
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    Cited by:

    1. Michel, DE VROEY, 2007. "Marshallian and Walrasian Theory, Complementary or Alternative Approaches ? The Views in Presence," Discussion Papers (ECON - Département des Sciences Economiques) 2007002, Université catholique de Louvain, Département des Sciences Economiques.
    2. Michel De Vroey, 2010. "Getting rid of Keynes ? A survey of the history of macroeconomics from Keynes to Lucas and beyond," Working Paper Research 187, National Bank of Belgium.
    3. G. Fagiolo & A. Roventini., 2009. "On the Scientific Status of Economic Policy: A Tale of Alternative Paradigms," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 6.

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