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Preface to the Chinese Edition of A History of Macroeconomics from Keynes to Lucas and Beyond

Michel De Vroey

No 2019006, LIDAM Discussion Papers IRES from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)

Abstract: In this preface, I reflect on the evolution of macroeconomics in the wake of the 2018 recession. I give a sketch of the developments that have taken place and assess the validity of some of the main criticisms that have been addressed to DSGE macroeconomics

Keywords: History of macroeconomics; 2008 recession; DSGE macroeconomics; RBC model; New Keynesian model (search for similar items in EconPapers)
JEL-codes: B22 E E12 E30 (search for similar items in EconPapers)
Date: 2019-01
New Economics Papers: this item is included in nep-dge, nep-his, nep-hpe and nep-mac
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