1st Edition

Macroeconomic Theory and Economic Policy
Essays in Honour of Jean-Paul Fitoussi

Edited By

K. Vela Velupillai

ISBN 9780415655491
Published June 28, 2012 by Routledge
216 Pages

USD $52.95

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Book Description

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  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, Money 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 Macroeconoimic 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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