Macroeconomic Theory and Economic Policy Essays in Honour of Jean Paul Fitoussi 1st Edition by Vela Velupillai 9780415323369 0415323363

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Product details:

ISBN 10: 0415323363

ISBN 13: 9780415323369

Author: K. Vela Velupillai

Jean-Paul Fitoussi needs no introduction as one of the world’s foremost Macroeconomists of his generation. This celebration of his work includes contributions from Nobel Prize – winning economists Robert W. Clower and Robert Solow as well as Olivier Blanchard and leading economic theorist, Edmond Malinvaud.

Table of contents:

1. Preface and summary

2. The consummate macroeconomist: Jean-Paul Fitoussi

3. Price versus wage stickiness and the issue of persistence

4. Contours of employment protection reform

5. Trashing J.B. Say: the story of a mare’s nest

6. Assets, debts and interest in the EU and the US: the slump in Europe revisited

7. The long swings in economic understanding

8. The difficult dialogue between the development of macroeconomic theory and macroeconomic policy concerns

9. What structuralism is – and what errors and omissions it avoids in supply-side and RBC models

10. What should we mean by “growth policy?”

11. Rational expectations equilibria: a recursion theoretic tutorial

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Tags: Vela Velupillai, Macroeconomic, Theory, Economic