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Macroeconomic Theory

open access: yesSpringer Texts in Business and Economics, 2017
This textbook offers a unique approach to macroeconomic theory built on microeconomic foundations of monetary macroeconomics within a unified framework of an intertemporal general equilibrium model extended to a sequential and dynamic analysis. It investigates the implications of expectations and of stationary fiscal policies on allocations, on the ...
Böhm, Volker, Volker Böhm
exaly   +4 more sources

Measuring predictability: theory and macroeconomic applications [PDF]

open access: yesJournal of Applied Econometrics, 2001
AbstractWe propose a measure of predictability based on the ratio of the expected loss of a short‐run forecast to the expected loss of a long‐run forecast. This predictability measure can be tailored to the forecast horizons of interest, and it allows for general loss functions, univariate or multivariate information sets, and covariance stationary or ...
Francis X. Diebold, Lutz Kilian
openaire   +5 more sources

Macroeconomic theory [PDF]

open access: yesRAE: Revista de Administração de Empresas, 1963
Gustavo de Sá e Silva
doaj   +4 more sources

Special Forum on »Macroeconomic Theory and Macroeconomic Pedagogy«: Macroeconomic Theory and Macroeconomic Pedagogy: A response to some criticisms [PDF]

open access: yesEuropean Journal of Economics and Economic Policies: Intervention, 2010
First paragraph: It is with great pleasure that we participate in this Special Forum discussion of our Macroeconomic Theory and Macroeconomic Pedagogy (MTMP) (Fontana/Setterfield 2009).
Giuseppe Fontana, Mark Setterfield
openaire   +2 more sources

Macroeconomic Profitability: Theory and Evidence [PDF]

open access: yesSSRN Electronic Journal, 2000
This paper gives an account of recent work on the measurement, statistical analysis, and theoretical analysis of macroeconomic profitability. Measurement issues include the treatment of holding gains on physical assets and net financial liabilities, national income accounting practices and recent revisions, and the use of accounting rates of return ...
Thomas R. Michl
openaire   +3 more sources

Macroeconomic Theory After the Crisis

open access: yesReview of Radical Political Economics, 2011
Mainstream macroeconomic theory, especially as synthesized in the New Neoclassical Synthesis, is argued to have many problematic aspects, problems which have been especially underscored by the recent economic crisis, and which relate to its method, its ...
Amitava Krishna Dutt
exaly   +2 more sources

Macroeconomic Theory

open access: yes, 2011
AbstractThis book is a primer in macroeconomics. It starts from essential macroeconomics and develops the central topics of modern macroeconomic theory in a simple and rigorous manner. Topics covered include rational expectations, intertemporal dynamic models, exogenous and endogenous growth, nonclearing markets and imperfect competition, uncertainty ...
Bénassy, Jean-Pascal
openaire   +3 more sources

Rethinking the exchange rate disconnect puzzle theory in ASEAN-6

open access: yesEconomic Journal of Emerging Markets, 2017
The theory of the exchange rate disconnect puzzle provides evidence of the instability of exchange rate relationship with macroeconomic fundamentals.
Adhitya Wardhono   +2 more
doaj   +13 more sources

Issues Regarding the Inclusion of the Real Interest Rate with other factors in Phillips Curve Analysis [PDF]

open access: yesFinancial Markets, Institutions and Risks, 2022
This paper summarizes the arguments and counterarguments within the scientific discussion on the issue regarding the Inclusion of the Real Interest Rate with other factors in Phillips Curve Analysis. The main purpose of the article is to cause economists
Paul F. Gentle
doaj   +1 more source

Hansen's and Summers' hypothesis of secular stagnation in macroeconomics [PDF]

open access: yesEkonomija: teorija i praksa, 2022
At a times when the world's most developed and those less developed economies are recording historically weak levels of economic performance after the Great Recession of 2008, when the world is facing decades of low demographic growth, in the frames of ...
Veljković Marija
doaj   +1 more source

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