EconPapers    
Economics at your fingertips  
 

The State of Macro

Olivier J Blanchard ()

Annual Review of Economics, 2009, vol. 1, issue 1, pages 209-228

Abstract: For a long while after the explosion of macroeconomics in the 1970s, the field looked like a battlefield. Over time, however, mainly because facts do not go away, a largely shared vision both of fluctuations and of methodology has emerged. Not everything is fine. Like all revolutions, this one has come with the destruction of some knowledge, and it suffers from extremism and herding. None of this is deadly, however. The state of macro is good.

Keywords: macroeconomics; shocks; propagation mechanisms; fluctuations (search for similar items in EconPapers)
JEL-codes: B41 E00 E10 (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations View citations in EconPapers (40) Track citations by RSS feed

Downloads: (external link)
http://www.annualreviews.org/doi/abs/10.1146/annurev.economics.050708.142952 (application/pdf)
Full text downloads are only available to subscribers. Visit the abstract page for more information.

Related works:
Working Paper: The State of Macro (2008) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:anr:reveco:v:1:y:2009:p:209-228

Ordering information: This journal article can be ordered from
http://www.annualreviews.org/action/ecommerce

Access Statistics for this article

More articles in Annual Review of Economics from Annual Reviews
Address: Annual Reviews 4139 El Camino Way Palo Alto, CA 94306, USA
Series data maintained by http://www.annualreviews.org ().

 
Page updated 2014-10-23
Handle: RePEc:anr:reveco:v:1:y:2009:p:209-228