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Handbook of Macroeconomics de John B. Taylor

Handbook of Macroeconomics: Handbook of Macroeconomics, cartea 2A-2B SET

Editat de John B. Taylor, Harald Uhlig
en Limba Engleză Hardback – 22 noi 2016
Handbook of Macroeconomics Volumes 2A and 2B surveys major advances in macroeconomic scholarship since the publication of Volume 1 (1999), carefully distinguishing between empirical, theoretical, methodological, and policy issues, including fiscal, monetary, and regulatory policies to deal with crises, unemployment, and economic growth. As this volume shows, macroeconomics has undergone a profound change since the publication of the last volume, due in no small part to the questions thrust into the spotlight by the worldwide financial crisis of 2008. With contributions from the world’s leading macroeconomists, its reevaluation of macroeconomic scholarship and assessment of its future constitute an investment worth making.


  • 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
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Specificații

ISBN-13: 9780444594877
ISBN-10: 0444594876
Pagini: 2744
Dimensiuni: 191 x 235 x 142 mm
Editura: ELSEVIER SCIENCE
Seria Handbook of Macroeconomics

Public țintă

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.

Cuprins

Section 1: The Facts of Economic Growth and Economic Fluctuation 1. RBC Methodology and the Development of Aggregate Economic Theory 2. The Facts of Economic Growth 3. Macroeconomic Shocks and Their Propagation 4. Macroeconomic Regimes and Regime Shifts 5. The Macroeconomics of Time Allocation 6. Who Bears the Cost of Recessions? The Role of House Prices and Household Debt 7. Allocative and Remitted Wages: New Facts and Challenges for Keynesian Models 8. Financial and Fiscal Crises
Section 2: The Methodology of Macroeconomics 9. Factor Models and Structural Vector Autoregressions in Macroeconomics 10. Solution and Estimation Methods for DSGE Models 11. Recursive Contracts and Endogenously Incomplete Markets 12. Macroeconomics and Household Heterogeneity 13. Natural Experiments in Macroeconomics 14. Accounting for Business Cycles 15. Incomplete Information in Macroeconomics: Accommodating Frictions in Coordination 16. New Methods for Macro-Financial Model Comparison and Policy Analysis
Section 3: Financial-Real Connections 17. Wholesale Banking and Bank Runs in Macroeconomic Modelling of Financial Crises 18. Housing and Credit Markets: Bubbles and Crashes 19. Macro, Money and Finance: A Continuous-Time Approach 20. Housing and Macroeconomics 21. Term Structure of Uncertainty in the Macroeconomy 22. Quantitative Models of Sovereign Debt Crises
Section 4: Models of Economic Growth and Fluctuations 23. Families in Macroeconomics 24. Environmental Macroeconomics  25. The Staying Power of Staggered Wage and Price Setting Models in Macroeconomics 26. Neoclassical Models in Macroeconomics 27. Macroeconomics of Persistent Slumps 28. Macroeconomics and the Labor Market
Section 5: Macroeconomic Policy 29. Challenges for Central Banks’Macro Models 30. Liquidity requirements, liquidity choice and financial stability 31. Understanding Inflation as a Joint Monetary-Fiscal Phenomenon 32. Fiscal Multipliers: Liquidity Traps and Currency Unions 33. What is a Sustainable Public Debt? 34. The Political Economy of Government Debt

Recenzii

"Macro is moving fast, partly because of technological progress and new data, partly because of the intellectual shocks triggered by the crisis. This handbook, like its predecessors, gives us the current state of the arts." --Olivier Blanchard, Massachusetts Institute of Technology
"The new volumes in the Handbook of Macroeconomics illustrates both the richness and the enormous breadth of modern research in macroeconomics. The chapters offer in depth surveys of critical areas, new empirical results to guide future researchers, analytical and computational tools for addressing macroeconomic issues, and examples of how these tools can be applied to advance our understanding of aggregate economic behavior. These volumes constitute an important resource for all macroeconomists, one that is certain to be widely used." --Carl E. Walsh, University of California, Santa Cruz
"This Handbook is the ideal starting point to get up to speed quickly on any major topic in Macroeconomics: What we have learned and what are the most pressing open questions." --Pete Klenow, Stanford University
"This remarkable collection belies uninformed critics who assert that modern macroeconomics was wrong footed by the 2007-2009 financial crisis.  Articles in this book prove how, both  before and after that crisis, working  macroeconomists had rolled up their sleeves to study how financial frictions, incentive problems, incomplete markets, interactions among monetary, fiscal, regulatory, and bailout policies, and a host of other issues affect prices and quantities and good economic policies. This is an especially timely book." --Thomas Sargent, New York University