Carlin and Soskice connect students with contemporary research and policy in macroeconomics. The authors' 3-equation model - extended to include the financial system and with an integrated treatment of inequality - equips students with a method they can apply to the enduring challenges stirred by the financial crisis and the Great Recession.
Carlin and Soskice connect students with contemporary research and policy in macroeconomics. The authors' 3-equation model - extended to include the financial system and with an integrated treatment of inequality - equips students with a method they can apply to the enduring challenges stirred by the financial crisis and the Great Recession.
Wendy Carlin is Professor of Economics at University College London, Fellow of the CEPR, Fellow of the British Academy, and External Professor at the Santa Fe Institute. She directs the CORE Econ project - www.core-econ.org - and is Co-Director of the James M. and Cathleen D. Centre on Wealth Concentration, Inequality, and the Economy at University College London. David Soskice FBA is Emeritus Professor at The London School of Economics and Political Science.
Inhaltsangabe
* Introduction * Part 1: Basics: Demand Side, Supply Side, and Policy Maker * 1: The demand side * 2: The supply side * 3: The 3-equation model and macroeconomic policy * 4: Expectations and monetary policy * Part 2: Money, Banking, Monetary and Fiscal Policy * 5: Money, banking, and the macro-economy * 6: Monetary policy * 7: Fiscal policy * Part 3: Financial Instability in the Macroeconomy * 8: Sources of financial sector instability * 9: Financial sector risk and the global financial crisis: Applying the models * 10: Financial stability policy * Part 4: Open Economy Macroeconomics * 11: The 3-equation model in the open economy * 12: The open economy: The demand and supply sides * 13: Open economy extensions I: Oil shocks, imbalances, and interdependence * 14: Open economy extensions II: Fixed exchange rates and the Eurozone * Part 5: The Supply Side, Technology, and Growth * 15: Supply-side institutions, policies, and performance * 17: Growth and innovation * 18: The ICT revolution, productivity puzzle, and political economy of uneven growth * Part 6: Macroeconomics With Inequality * 18: Heterogeneous agent macroeconomics: Origins, progress, and challenges
* Introduction * Part 1: Basics: Demand Side, Supply Side, and Policy Maker * 1: The demand side * 2: The supply side * 3: The 3-equation model and macroeconomic policy * 4: Expectations and monetary policy * Part 2: Money, Banking, Monetary and Fiscal Policy * 5: Money, banking, and the macro-economy * 6: Monetary policy * 7: Fiscal policy * Part 3: Financial Instability in the Macroeconomy * 8: Sources of financial sector instability * 9: Financial sector risk and the global financial crisis: Applying the models * 10: Financial stability policy * Part 4: Open Economy Macroeconomics * 11: The 3-equation model in the open economy * 12: The open economy: The demand and supply sides * 13: Open economy extensions I: Oil shocks, imbalances, and interdependence * 14: Open economy extensions II: Fixed exchange rates and the Eurozone * Part 5: The Supply Side, Technology, and Growth * 15: Supply-side institutions, policies, and performance * 17: Growth and innovation * 18: The ICT revolution, productivity puzzle, and political economy of uneven growth * Part 6: Macroeconomics With Inequality * 18: Heterogeneous agent macroeconomics: Origins, progress, and challenges
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