Macroeconomic Theory and Economic Policy: Essays in Honour of Jean-Paul Fitoussi, 1st Edition (Paperback) book cover

Macroeconomic Theory and Economic Policy

Essays in Honour of Jean-Paul Fitoussi, 1st Edition

Edited by K. Vela Velupillai


216 pages

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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

About the Series

Routledge Frontiers of Political Economy

In recent years, there has been widespread criticism of mainstream economics. This has taken many forms, from methodological critiques of its excessive formalism, to concern about its failure to connect with many of the most pressing social issues. This series provides a forum for research which is developing alternative forms of economic analysis. Reclaiming the traditional 'political economy' title, it refrains from emphasising any single school of thought, but instead attempts to foster greater diversity within economics.

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economic History
BUSINESS & ECONOMICS / Economics / Macroeconomics
BUSINESS & ECONOMICS / Economics / General
BUSINESS & ECONOMICS / Economics / Comparative