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Volume 2: Keynesian Economics, Unemployment, and Policy

Editor

Listed:
  • Backhouse, Roger E.
    (University of Birmingham)

  • Salanti, Andrea
    (University of Bergamo)

Abstract

Since the middle of twentieth century, economists have invested great resources into using statistical evidence to relate macroeconomic theories to the real world, and many new econometric techniques have been employed. In these two volumes, a distinguished group of economic theorists, econometricians, and economic methodologists examine how evidence has been used and how it should be used to understand the real world. Volume 1 focuses on the contribution of econometric techniques to understanding the macroeconomic world. It covers the use of evidence to understand the business cycle, the operation of monetary policy, and economic growth. A further section offers assessments of the overall impact of recent econometric techniques such as cointegration and unit roots. Volume 2 focuses on the labour market and economic policy, with sections covering the IS-LM model, the labour market, new Keynesian macroeconomics, and the use of macroeconomics in official documents (in both the USA and EU). These volumes will be valuable to advanced undergraduates, graduate students, and practitioners for their clear presentation of opposing perspectives on macroeconomics and how evidence should be used. The chapters are complemented by discussion sections revealing the perspectives of other contributors on the methodological issues raised.

Suggested Citation

  • Backhouse, Roger E. & Salanti, Andrea (ed.), 2000. "Volume 2: Keynesian Economics, Unemployment, and Policy," OUP Catalogue, Oxford University Press, number 9780199242054.
    • Handle: RePEc:oxp:obooks:9780199242054
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    Cited by:

    1. Ivo Maes, 2012. "Tommaso Padoa-Schioppa and the origins of the euro," Working Paper Document 222, National Bank of Belgium.
    2. Acosta, Juan & Rancan, Antonella & Sergi, Francesco, 2022. "Centralised and Decentralised Approaches to Multi-Country Macroeconometric Modelling at the Commission of the European Communities: The Short-Lived EUROLINK Model," Economics & Statistics Discussion Papers esdp22081, University of Molise, Department of Economics.
    3. Richard G. Lipsey, 2010. "The Aggregate Demand Aggregate Supply Diagram," Chapters, in: Mark Blaug & Peter Lloyd (ed.), Famous Figures and Diagrams in Economics, chapter 49, Edward Elgar Publishing.
    4. Ivo Maes, 2013. "Tommaso Padoa-Schioppa: Macroeconomic and Monetary Thought, and Policy-making at the European Commission," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 2013(2), pages 21-43.
    5. repec:nbb:docwpp:201203-22 is not listed on IDEAS
    6. Bardsen, Gunnar & Eitrheim, Oyvind & Jansen, Eilev S. & Nymoen, Ragnar, 2005. "The Econometrics of Macroeconomic Modelling," OUP Catalogue, Oxford University Press, number 9780199246502.

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