Getting rid of Keynes ? A survey of the history of macroeconomics from Keynes to Lucas and beyond
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Wouter Vanhouche & Stijn M. J. van Osselaer, 2009. "The Accuracy-Enhancing Effect of Biasing Cues," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 36(2), pages 317-327.
- A. Leijonhufvud., 2006. "Keynes as a Marshallian," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 5.
- Edward C. Prescott, 2006.
"The Transformation of Macroeconomic Policy and Research,"
The American Economist, Sage Publications, vol. 50(1), pages 3-20, March.
- Edward C. Prescott, 2005. "The transformation of macroeconomic policy and research," Annual Report, Federal Reserve Bank of Minneapolis, vol. 19(1), pages 6-27.
- Prescott, Edward C., 2004. "The Transformation of Macroeconomic Policy and Research," Nobel Prize in Economics documents 2004-7, Nobel Prize Committee.
- Ben S. Bernanke & Julio J. Rotemberg, 1997. "NBER Macroeconomics Annual 1997, Volume 12," NBER Books, National Bureau of Economic Research, Inc, number bern97-1.
- Mark Gertler & Jordi Gali & Richard Clarida, 1999.
"The Science of Monetary Policy: A New Keynesian Perspective,"
Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1661-1707, December.
- Richard Clarida & Jordi Galí & Mark Gertler, 1997. "The science of monetary policy: A new Keynesian perspective," Economics Working Papers 356, Department of Economics and Business, Universitat Pompeu Fabra, revised Apr 1999.
- Richard Clarida & Jordi Gali & Mark Gertler, 1999. "The Science of Monetary Policy: A New Keynesian Perspective," NBER Working Papers 7147, National Bureau of Economic Research, Inc.
- Clarida, Richard & Galí, Jordi & Gertler, Mark, 1999. "The Science of Monetary Policy: A New Keynesian Perspective," CEPR Discussion Papers 2139, C.E.P.R. Discussion Papers.
- Olivier Blanchard, 2000.
"What Do We Know about Macroeconomics that Fisher and Wicksell Did Not?,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 115(4), pages 1375-1409.
- Olivier Blanchard, 2000. "What do we know about Macroeconomics that Fisher and Wicksell did not?," NBER Working Papers 7550, National Bureau of Economic Research, Inc.
- Marvin Goodfriend & Robert G. King, 1997.
"The New Neoclassical Synthesis and the Role of Monetary Policy,"
NBER Chapters, in: NBER Macroeconomics Annual 1997, Volume 12, pages 231-296,
National Bureau of Economic Research, Inc.
- Marvin Goodfriend & Robert G. King, 1998. "The new neoclassical synthesis and the role of monetary policy," Working Paper 98-05, Federal Reserve Bank of Richmond.
- Gourinchas, Pierre-Olivier & Hsieh, Chang-Tai & Gopinath, Gita & Li, Nicholas, 2009.
"Estimating the Border Effect: Some New Evidence,"
CEPR Discussion Papers
7281, C.E.P.R. Discussion Papers.
- Gita Gopinath & Pierre-Olivier Gourinchas & Chang-Tai Hsieh & Nicholas Li, 2009. "Estimating the border effect: some new evidence," Working Papers 09-10, Federal Reserve Bank of Boston.
- Gita Gopinath & Pierre-Olivier Gourinchas & Chang-Tai Hsieh & Nicholas Li, 2009. "Estimating the Border Effect: Some New Evidence," NBER Working Papers 14938, National Bureau of Economic Research, Inc.
- William Scott, 2009. "Judging the Effectiveness of a Sustainable School," Journal of Education for Sustainable Development, , vol. 3(1), pages 33-39, March.
- Brian Snowdon & Howard R. Vane, 2005. "Modern Macroeconomics," Books, Edward Elgar Publishing, number 3092.
- Mark Gertler & Jordi Gali & Richard Clarida, 1999.
"The Science of Monetary Policy: A New Keynesian Perspective,"
Journal of Economic Literature,
American Economic Association, vol. 37(4), pages 1661-1707, December.
- Richard Clarida & Jordi Galí & Mark Gertler, 1997. "The science of monetary policy: A new Keynesian perspective," Economics Working Papers 356, Department of Economics and Business, Universitat Pompeu Fabra, revised Apr 1999.
- Clarida, R. & Gali, J. & Gertler, M., 1999. "The Science of Monetary Policy: A New Keynesian Perspective," Working Papers 99-13, C.V. Starr Center for Applied Economics, New York University.
- Richard Clarida & Jordi Gali & Mark Gertler, 1999. "The Science of Monetary Policy: A New Keynesian Perspective," NBER Working Papers 7147, National Bureau of Economic Research, Inc.
- Clarida, Richard & Galí, Jordi & Gertler, Mark, 1999. "The Science of Monetary Policy: A New Keynesian Perspective," CEPR Discussion Papers 2139, C.E.P.R. Discussion Papers.
- Brian Snowdon & Howard Vane, 1998. "Transforming macroeconomics: an interview with Robert E. Lucas Jr," Journal of Economic Methodology, Taylor & Francis Journals, vol. 5(1), pages 115-146.
- Ben S. Bernanke & Julio J. Rotemberg (ed.), 1997. "NBER Macroeconomics Annual 1997," MIT Press Books, The MIT Press, edition 1, volume 1, number 026252242x, April.
- Dixit, Avinash K & Stiglitz, Joseph E, 1977.
"Monopolistic Competition and Optimum Product Diversity,"
American Economic Review, American Economic Association, vol. 67(3), pages 297-308, June.
- Dixit, Avinash K. & Stiglitz, Joseph E., 1975. "Monopolistic Competition And Optimum Product Diversity," Economic Research Papers 268957, University of Warwick - Department of Economics.
- Dixit, Avinash K & Stiglitz, Joseph E, 1975. "Monopolistic Competition and Optimum Product Diversity," The Warwick Economics Research Paper Series (TWERPS) 64, University of Warwick, Department of Economics.
- Kydland, Finn E & Prescott, Edward C, 1982.
"Time to Build and Aggregate Fluctuations,"
Econometrica, Econometric Society, vol. 50(6), pages 1345-1370, November.
- Finn E. Kydland & Edward C. Prescott, 1982. "Executable program for "Time to Build and Aggregate Fluctuations"," QM&RBC Codes 4, Quantitative Macroeconomics & Real Business Cycles.
- Finn E. Kydland & Edward C. Prescott, 1982. "Web interface for "Time to Build and Aggregate Fluctuations"," QM&RBC Codes 4a, Quantitative Macroeconomics & Real Business Cycles.
- Edward C. Prescott, 2006. "Nobel Lecture: The Transformation of Macroeconomic Policy and Research," Journal of Political Economy, University of Chicago Press, vol. 114(2), pages 203-235, April.
- Qin, Duo & Cagas, Marie Anne & Ducanes, Geoffrey & He, Xinhua & Liu, Rui & Liu, Shiguo, 2009. "Effects of income inequality on China's economic growth," Journal of Policy Modeling, Elsevier, vol. 31(1), pages 69-86.
- Ben S. Bernanke & Julio J. Rotemberg, 1997. "Editorial in "NBER Macroeconomics Annual 1997, Volume 12"," NBER Chapters, in: NBER Macroeconomics Annual 1997, Volume 12, pages 1-6, National Bureau of Economic Research, Inc.
- Michel De Vroey, 2012.
"Marshall and Walras: Incompatible bedfellows?,"
The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 19(5), pages 765-783, October.
- Michel DE VROEY, 2009. "Marshall and Walras : Incompatible Bedfellows ?," LIDAM Discussion Papers IRES 2009008, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- anonymous, 2009. "Fed Gov. Duke: Economy's effects on banks vary," Financial Update, Federal Reserve Bank of Atlanta, vol. 22(2).
- David Cass, 1965. "Optimum Growth in an Aggregative Model of Capital Accumulation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 32(3), pages 233-240.
- Shapiro, Carl & Stiglitz, Joseph E, 1984. "Equilibrium Unemployment as a Worker Discipline Device," American Economic Review, American Economic Association, vol. 74(3), pages 433-444, June.
- A. Leijonhufvud., 2006. "Episodes in a Century of Macroeconomics," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 11.
- Mario Marcel & Gabriel Filc & Nelson Shack & Nora Berretta & Ana María Jul & Fernando Rezende & Eduardo Aldunate & Roberto García López & Martus Tavares & Carlos Scartascini & Juan Carlos Echeverry, 2009. "Development Effectiveness and Results-Based Budgeting," IDB Publications (Books), Inter-American Development Bank, number 80091, February.
- Ronald G. Bodkin & Lawrence R. Klein & Kanta Marwah, 1991. "A History of Macroeconometric Model-Building," Books, Edward Elgar Publishing, number 51.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Michel DeVroey, 2012. "Dead or Alive? The Ebbs and Flows of Keynesianism Over the History of Macroeconomics," Chapters, in: Thomas Cate (ed.), Keynes’s General Theory, chapter 4, Edward Elgar Publishing.
- Marvin Goodfriend, 2007.
"How the World Achieved Consensus on Monetary Policy,"
Journal of Economic Perspectives, American Economic Association, vol. 21(4), pages 47-68, Fall.
- Marvin Goodfriend, 2007. "How the World Achieved Consensus on Monetary Policy," NBER Working Papers 13580, National Bureau of Economic Research, Inc.
- Pedro Garcia Duarte, 2012.
"Not Going Away? Microfoundations in the Making of a New Consensus in Macroeconomics,"
Chapters, in: Microfoundations Reconsidered, chapter 6,
Edward Elgar Publishing.
- Pedro Garcia Duarte, 2011. "Not Going Away? Microfoundations in the Making of a New Consensus in Macroeconomics," Working Papers, Department of Economics 2011_02, University of São Paulo (FEA-USP).
- Marc Giannoni & Michael Woodford, 2004.
"Optimal Inflation-Targeting Rules,"
NBER Chapters, in: The Inflation-Targeting Debate,
National Bureau of Economic Research, Inc.
- Marc P. Giannoni & Michael Woodford, 2003. "Optimal Inflation Targeting Rules," NBER Working Papers 9939, National Bureau of Economic Research, Inc.
- Michael Paetz, 2007. "Robust Control and Persistence in the New Keynesian Economy," Quantitative Macroeconomics Working Papers 20711, Hamburg University, Department of Economics.
- Roberto Tamborini, 2010. "Monetary Policy With Investment–Saving Imbalances," Metroeconomica, Wiley Blackwell, vol. 61(3), pages 473-509, July.
- Wieland, Volker & Binder, Michael & Lieberknecht, Philipp & Quintana, Jorge, 2017.
"Model Uncertainty in Macroeconomics: On the Implications of Financial Frictions,"
CEPR Discussion Papers
12013, C.E.P.R. Discussion Papers.
- Binder, Michael & Lieberknecht, Philipp & Quintana, Jorge & Wieland, Volker, 2017. "Model uncertainty in macroeconomics: On the implications of financial frictions," IMFS Working Paper Series 114, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
- Guangling 'Dave' Liu & Rangan Gupta & Eric Schaling, 2009.
"A New-Keynesian DSGE model for forecasting the South African economy,"
Journal of Forecasting, John Wiley & Sons, Ltd., vol. 28(5), pages 387-404.
- Guangling (Dave) Liu & Rangan Gupta & Eric Schaling, 2008. "A New-Keynesian DSGE Model for Forecasting the South African Economy," Working Papers 200805, University of Pretoria, Department of Economics.
- Ramiro Rodríguez Revilla, 2011. "Modelos de equilibrio general dinámicos y estocásticos para Colombia 1995-2011," Revista Ecos de Economía, Universidad EAFIT, December.
- Davig, Troy & Leeper, Eric M., 2011.
"Monetary-fiscal policy interactions and fiscal stimulus,"
European Economic Review, Elsevier, vol. 55(2), pages 211-227, February.
- Troy Davig & Eric M. Leeper, 2009. "Monetary-fiscal policy interactions and fiscal stimulus," Research Working Paper RWP 09-12, Federal Reserve Bank of Kansas City.
- Troy Davig & Eric M. Leeper, 2009. "Monetary-Fiscal Policy Interactions and Fiscal Stimulus," NBER Working Papers 15133, National Bureau of Economic Research, Inc.
- Troy Davig & Eric Leeper, 2009. "Monetary-Fiscal Policy Interactions And Fiscal Stimulus," CAEPR Working Papers 2009-010, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
- Leeper, Eric M., 2009. "Monetary-Fiscal Policy Interactions and Fiscal Stimulus," CEPR Discussion Papers 7509, C.E.P.R. Discussion Papers.
- Bai, Yuting & Kirsanova, Tatiana & Leith, Campbell, 2017.
"Nominal targeting in an economy with government debt,"
European Economic Review, Elsevier, vol. 94(C), pages 103-125.
- Yuting Bai & Tatiana Kirsanova & Campbell Leith, 2015. "Nominal Targeting in an Economy with Government Debt," Working Papers 2015_16, Business School - Economics, University of Glasgow.
- Yuting Bai, 2014. "Price level targeting with strategic fiscal policy and the value of fiscal leadership," Working Papers 66983487, Lancaster University Management School, Economics Department.
- Isabel Correia & Juan Pablo Nicolini & Pedro Teles, 2008.
"Optimal Fiscal and Monetary Policy: Equivalence Results,"
Journal of Political Economy, University of Chicago Press, vol. 116(1), pages 141-170, February.
- Isabel Correia & Juan Pablo Nicolini & Pedro Teles, 2002. "Optimal fiscal and monetary policy: equivalence results," Working Paper Series WP-02-16, Federal Reserve Bank of Chicago.
- Correia, Isabel & Teles, Pedro & Nicolini, Juan Pablo, 2003. "Optimal Fiscal and Monetary Policy: Equivalence Results," CEPR Discussion Papers 3730, C.E.P.R. Discussion Papers.
- Isabel Correia & Juan Pablo Nicolini & Pedro Teles, 2008. "Optimal fiscal and monetary policy: equivalence results," Staff Report 403, Federal Reserve Bank of Minneapolis.
- Pedro Teles & Juan Pablo Nicolini, 2003. "Optimal Fiscal and Monetary Policy: Equivalence Results," Working Papers w200303, Banco de Portugal, Economics and Research Department.
- Chengsi Zhang & Denise R. Osborn & Dong Heon Kim, 2008.
"The New Keynesian Phillips Curve: From Sticky Inflation to Sticky Prices,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(4), pages 667-699, June.
- Chengsi Zhang & Denise R. Osborn & Dong Heon Kim, 2008. "The New Keynesian Phillips Curve: From Sticky Inflation to Sticky Prices," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(4), pages 667-699, June.
- Chengsi Zhang & Denise R. Osborn & Dong Heon Kim, 2006. "The New Keynesian Phillips Curve: from Sticky Inflation to Sticky Prices," Centre for Growth and Business Cycle Research Discussion Paper Series 78, Economics, The University of Manchester.
- Chengsi Zhang & Denise R. Osborn & Dong Heon Kim, 2007. "The New Keynesian Phillips Curve: From Sticky Inflation to Sticky Prices," Discussion Paper Series 0715, Institute of Economic Research, Korea University.
- Chengsi Zhang & Denise R. Osborn & Dong Heon Kim, 2006. "The New Keynesian Phillips Curve: from Sticky Inflation to Sticky Prices," Economics Discussion Paper Series 0631, Economics, The University of Manchester.
- Casares, Miguel & McCallum, Bennett T., 2006.
"An optimizing IS-LM framework with endogenous investment,"
Journal of Macroeconomics, Elsevier, vol. 28(4), pages 621-644, December.
- Miguel Casares & Bennett T. McCallum, 2000. "An Optimizing IS-LM Framework with Endogenous Investment," NBER Working Papers 7908, National Bureau of Economic Research, Inc.
- Chengsi Zhang & Denise R. Osborn & Dong Heon Kim, 2009.
"Observed Inflation Forecasts and the New Keynesian Phillips Curve,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 71(3), pages 375-398, June.
- Chengsi Zhang & Denise R. Osborn & Dong Heon Kim, 2006. "Observed Inflation Forecasts and the New Keynesian Phillips Curve," Centre for Growth and Business Cycle Research Discussion Paper Series 79, Economics, The University of Manchester.
- Chengsi Zhang & Denise R. Osborn & Dong Heon Kim, 2008. "Observed Inflation Forecasts and the New Keynesian Phillips Curve," Discussion Paper Series 0801, Institute of Economic Research, Korea University.
- Chengsi Zhang & Denise R. Osborn & Dong Heon Kim, 2006. "Observed Inflation Forecasts and the New Keynesian Phillips Curve," Economics Discussion Paper Series 0632, Economics, The University of Manchester.
- Steinsson, Jon, 2003.
"Optimal monetary policy in an economy with inflation persistence,"
Journal of Monetary Economics, Elsevier, vol. 50(7), pages 1425-1456, October.
- Jón Steinsson, 2000. "Optimal monetary policy in an economy with inflation persistence," Economics wp11, Department of Economics, Central bank of Iceland.
- Yuting Bai & Tatiana Kirsanova, 2013.
"Infrequent Fiscal Stabilization,"
Working Papers
2013_01, Business School - Economics, University of Glasgow.
- Yuting Bai & Tatiana Kirsanova, 2014. "Infrequent fiscal stabilization," Working Papers 66983445, Lancaster University Management School, Economics Department.
- Bai, Yuting & Kirsanova, Tatiana, 2013. "Infrequent Fiscal Stabilization," SIRE Discussion Papers 2013-17, Scottish Institute for Research in Economics (SIRE).
- Kirsanova, Tatiana & Vines, David & Wren-Lewis, Simon, 2007. "When Inflation Persistence Really Matters: Two examples," Kiel Working Papers 1351, Kiel Institute for the World Economy (IfW Kiel).
- Tetlow, Robert J. & von zur Muehlen, Peter, 2009.
"Robustifying learnability,"
Journal of Economic Dynamics and Control, Elsevier, vol. 33(2), pages 296-316, February.
- Robert J. Tetlow & Peter Von zur Muehlen, 2005. "Robustifying learnability," Finance and Economics Discussion Series 2005-58, Board of Governors of the Federal Reserve System (U.S.).
- Robert J. Tetlow & Peter von zur Muehlen, 2006. "Robustifying Learnability," 2006 Meeting Papers 439, Society for Economic Dynamics.
- Tetlow, Robert J. & von zur Muehlen, Peter, 2006. "Robustifying learnability," Working Paper Series 593, European Central Bank.
- Peter von zur Muehlen & Robert J. Tetlow, 2005. "Robustifying Learnability," Computing in Economics and Finance 2005 437, Society for Computational Economics.
More about this item
Keywords
Keynes; Lucas; history of macroeconomics;All these keywords.
JEL classification:
- B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2010-05-08 (Central Banking)
- NEP-HIS-2010-05-08 (Business, Economic and Financial History)
- NEP-HPE-2010-05-08 (History and Philosophy of Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbb:reswpp:201004-02. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/bnbgvbe.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.