This paper asks the question: Why has the ?general-to-specific? cointegrated VAR approach as developed in Europe had only limited success in the US as a tool for doing empirical macroeconomics, where what might be called a ?theory comes first? approach dominates? The reason this paper highlights...

Chapter 1:-Introduction -- Chapter 2:-Economics in Cambridge and Oxford in the Age of John Maynard Keynes -- Chapter 3:- Economics in London: the London School of Economics (LSE) -- Chapter 4:- Economics in Berlin, Vienna and Other Minor German Centers -- Chapter 5:- Economics in the Rest of...