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The Macroeconomist as Scientist and Engineer

Mankiw, N. Gregory - 2006

This essay offers a brief history of macroeconomics, together with an evaluation of what has been learned over the past several decades. It is based on the premise that the field has evolved through the efforts of two types of macroeconomist-- those who understand the field as a type of...

Persistent link: https://www.econbiz.de/10012466316

The Reincarnation of Keynesian Economics

Mankiw, N. Gregory - 1991

This paper discusses the reemergence of Keynesian economics during the past decade. It highlights the substantial … differences between new Keynesian economics and the convictions of early Keynesians. In particular, it points out that new …

Persistent link: https://www.econbiz.de/10012475104

Undergraduate Econometrics Instruction : Through Our Classes, Darkly

Angrist, Joshua D. - 2017

The past half-century has seen economic research become increasingly empirical, while the nature of empirical economic research has also changed. In the 1960s and 1970s, an empirical economist's typical mission was to "explain" economic variables like wages or GDP growth. Applied econometrics...

Persistent link: https://www.econbiz.de/10012455537

An Exploration of Optimal Stabilization Policy

Mankiw, N. Gregory - 2011

This paper examines the optimal response of monetary and fiscal policy to a decline in aggregate demand. The theoretical framework is a two-period general equilibrium model in which prices are sticky in the short run and flexible in the long run. Policy is evaluated by how well it raises the...

Persistent link: https://www.econbiz.de/10012461600

What Did UWE Do for Economics?

Avilova, Tatyana; Goldin, Claudia - National Bureau of Economic Research - 2023

Economics is among the most popular undergraduate majors. However, even at the best research universities and liberal … arts colleges men outnumber women by two to one, and overall there are about 2.5 males to every female economics major. The … Undergraduate Women in Economics (UWE) Challenge was begun in 2015 for one year as a randomized controlled trial with 20 treatment …

Persistent link: https://www.econbiz.de/10014322819