- 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
Graduate students and professors worldwide working in all subdisciplines of economics and finance. Secondary audience will include researchers working in macroeconomics and related areas, such as growth, economic behavior, international economics, and modeling
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 BanksMacro 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
- No. of pages: 2744
- Language: English
- Copyright: © North Holland 2016
- Published: November 12, 2016
- Imprint: North Holland
- eBook ISBN: 9780444594884
- Hardcover ISBN: 9780444594877
About the Editors
John B. Taylor
Affiliations and Expertise
Affiliations and Expertise
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