Routledge Handbook of Macroeconomic Methodology

Introduction: The scope and content of the Handbook I. Philosophy of Science Perspectives

I. Philosophy of Science Perspectives

I.1. Methodological Individualism and Macroeconomics - Andy Denis

I.2. Deduction, Induction and Abduction  - Lars Syll

I.3. Instrumentalism -  J. Daniel Hammond

I.4 From positivism to naturalism in macroeconomics -  John Hart

I.5. Holism & Fallacy of Composition - Victoria Chick & Jesper Jespersen

I.6. Macroeconomics and Ethics  - Finn Olesen

II. Concepts

II.1 Time in Macroeconomics - Mogens Ove Madsen

II.2 Uncertainty and Macroeconomic Methodology - Sheila Dow

II.3 Path dependency - Mark Setterfield

II.4 Equilibrium - Bert Tieben

II.5 Causality and macroeconomics - Alessandro Vercelli

II.6 Microeconomic foundation of macroeconomics - Nuno Ornelas Martins

II.7 Open and closed systems - Victoria Chick

II.8. Money and Macroeconomic Methodology - Claude Gnos

III.1. Classical Political Economy - Nuno Ornelas Martins

III.2. Neoclassical Macroeconomics - Bert Tieben

III.3. Keynes’s Macroeconomic Method - Victoria Chick & Jesper Jespersen

III.4. Post Keynesian Methodology - John E. King

III.5. The Austrian Denial of Macroeconomics - Scott Scheall

III.6. What was Marx’s Method, actually? - Alan Freeman

III.7. Methodological Pluralism in Macroeconomics - Ioana Negru & Alessandro Vercelli

IV.1. Use of Mathematics in macroeconomic analysis - Lars W. Josephsen

IV.2. Explanation and Forecasting - Marcel Boumans

IV.3. Using macroeconomic models in policy practice - Frank den Butter

IV.4. Traditional Methods of Macroeconometrics - Henning Bunzel

IV.5. Macroeconometrics: Cointegrated VAR Method - Katarina Juselius

IV.6. National Accounts and Macroeconomic Methodology - Geoff Tily

V.1. The rhetorical perspective on macroeconomics - Arjo Klamer

V.2. Teaching Macroeconomic Methodology - Jan Holm Ingemann

Biography

Jesper Jespersen is professor emeritus at Roskilde University, Denmark. His research interests include the economics of Keynes and macroeconomic methodology.

Victoria Chick is professor emeritus at University College London, UK. She has written extensively on macroeconomics and the economics of Keynes.

Bert Tieben is researcher at SEO Amsterdam Economics, the Netherlands. He also teaches history of economic thought at Amsterdam University College. His research focuses on economic methodology and the history of economic thought.

“Within the bulk of the existing literature on economic methodology the distinctive methodological questions concerning the methodology of macroeconomics, despite their relevance, have been so far comparatively neglected. This comprehensive Handbook eventually fills the gap in a way that would be hard to beat. It deserves, therefore, to be warmly recommended to all readers with an interest in the methodology and philosophy of economics, in the history of economic thought and, last but not least, in macroeconomics per se.”

Andrea Salanti, University of Bergamo

“Due to the economic crises of recent years there is an increasing interest by students to look for answers outside the mainstream macroeconomic understanding. As such, students are not only looking for an alternative theoretical macroeconomic universe, they are also increasingly interested in methodological aspects of macroeconomic theory. With the publication of Routledge Handbook of Macroeconomic Methodology students with an interest in Macroeconomic Theory and the History of Economic Thought are offered an updated advanced book on a huge number of relevant methodological questions.”

Finn Olesen, Aalborg University, Denmark