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GEM; A New International Macroeconomic Model
Bayoumi, Tamim; Faruqee, Hamid; Laxton, Douglas; Karam, … - International Monetary Fund (IMF) - 2004
Over the past two years, the IMF staff has been developing a new multicountry macroeconomic model called the Global Economy Model (GEM). This paper explains why such a model is needed, how GEM differs from its predecessor model, and how the new features of the model can improve the IMF’s...
Persistent link: https://www.econbiz.de/10005590952
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Three revolutions in macroeconomics : their nature and influence
Laidler, David E. W. - In: The European journal of the history of economic thought 22 (2015) 1, pp. 1-25
Persistent link: https://www.econbiz.de/10010482980
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The flimsy foundations of neoliberal macroeconomics : David Gordon on saving, investment and the natural rate of unemployment
Pollin, Robert - In: Research in the history of economic thought and … 40A (2022), pp. 57-78
Persistent link: https://www.econbiz.de/10014310731
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The Inflation-Unemployment Trade-Off At Low Inflation
Ricci, Luca Antonio; Benigno, Pierpaolo - International Monetary Fund (IMF) - 2009
relates average unemployment to average wage inflation; the curve is virtually vertical for high inflation rates but becomes …, at low inflation. Fourth, when inflation decreases, volatility of unemployment increases whereas the volatility of … inflation decreases: this implies a long-run trade-off also between the volatility of unemployment and that of wage inflation. …
Persistent link: https://www.econbiz.de/10005825999
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Estimating Potential Output with a Multivariate Filter
International Monetary Fund (IMF); International … - 2010
This paper develops a simple model for measuring potential output that uses data on inflation, unemployment, and …
Persistent link: https://www.econbiz.de/10008777014
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Unemployment : macroeconomic performance and the labour market
Layard, Peter R. G.; Nickell, Stephen J.; Jackman, Richard - 1997 - Paperback repr. d. Ausg. von 1991
Persistent link: https://www.econbiz.de/10000822607
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Behavioural macroeconomics
McDonald, Ian Martin (contributor) - 2012
Persistent link: https://www.econbiz.de/10009529119
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Three revolutions in macroeconomics : their nature and influence
Laidler, David E. W. - 2013
Harry Johnson's 1971 ideas about the factors affecting the success of the Keynesian Revolution and the Monetarist Counter-revolution are summarised and extended to the analysis of the Rational Expectations - New Classical (RE-NC) Revolution It is then argued that, whereas Monetarism brought...
Persistent link: https://www.econbiz.de/10009765542
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Macroeconomic time consistency and wartime presidential approval
Fox, Gerald Trent - In: Journal of macroeconomics 34 (2012) 3, pp. 891-902
Persistent link: https://www.econbiz.de/10009690428
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Unfinished business in the macroeconomics of low inflation : a tribute to George and Bill by Bill and George
Akerlof, George A.; Dickens, William T. - In: Brookings papers on economic activity : BPEA (2007) 2, pp. 31-47
Persistent link: https://www.econbiz.de/10003654932