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- W1568017191 abstract "This paper surveys much of modern macroeconomics. The focus is on the core macroeconomic issue, of the reasons for macroeconomic fluctuations and sometimes persistent unemployment. To provide continuity and perspective on how promising research leads of the past turned out, the paper starts by summarizing developments since the Barro-Fischer (1976) survey of monetary economics. Sections III and IV develop in some detail the current representations of the two basic approaches to macroeconomics: the equilibrium business cycle approach and new Keynesianism respectively. Brief sketches of developments in several areas of research in Section V broaden the coverage. Section VI contains concluding comments." @default.
- W1568017191 created "2016-06-24" @default.
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- W1568017191 date "1987-12-01" @default.
- W1568017191 modified "2023-09-24" @default.
- W1568017191 title "Recent Developments in Macroeocnomics" @default.
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- W1568017191 doi "https://doi.org/10.3386/w2473" @default.
- W1568017191 hasPublicationYear "1987" @default.
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