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This paper critically evaluates two different approaches to teaching macroeconomics at the undergraduate level through the comparison of two popular, recent handbooks: Olivier Blanchard's Macroeconomics (2021) and William Mitchell, Randall Wray and Martin Watts's Macroeconomics (2019). These...
Persistent link: https://www.econbiz.de/10013279920
A large body of pedagogical literature has recently emerged to place the New Keynesian framework for analyzing business cycle fluctuations and the conduct of monetary policy into undergraduate economics curricula. This paper develops the graphical apparatus for the analysis of optimal monetary...
Persistent link: https://www.econbiz.de/10013063927
The aim of our contribution is to present an innovative instrument to teach macroeconomics at the undergraduate and master level. We develop a digital learning platform to present and explore some controversies at the very foundations of macroeconomic theory. For this purpose, we explicitly...
Persistent link: https://www.econbiz.de/10011994508
The present paper aims at providing a framework for teaching macroeconomics at the introductory to intermediate level. In doing this, my principal concern is to align current teaching models with the modern practice of central banking. In the spirit of Romer (1999), I introduce a simple monetary...
Persistent link: https://www.econbiz.de/10014085677
We conducted a multi-wave field experiment to study the interaction of peer effects and selfcontrol among undergraduate students. We use a behavioral measure of self-control based on whether students achieve study related goals they have set for themselves. We find that both self-control and the...
Persistent link: https://www.econbiz.de/10010337640
Persistent link: https://www.econbiz.de/10003780863
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Euro area (Germany, France, Italy and Spain), the UK and the USA. The result are very different for the countries …
Persistent link: https://www.econbiz.de/10003485609
Persistent link: https://www.econbiz.de/10003623481
properties of each single parameter in a DSGE model separately. In the case of France, Germany, and Italy our results point to … behavior for France, Italy, and Spain, while monetary policy in Germany seems to be stable over time. -- DSGE ; EMU ; monetary …
Persistent link: https://www.econbiz.de/10009571531