Recent Developments in Macroeconomics: A Very Quick Refresher Course

N. Gregory Mankiw

Journal of Money, Credit and Banking, 1988, vol. 20, issue 3, 436-49

Abstract: This paper outlines the major developments in macroeconomics over the past two decades. It examines the reasons for the breakdown in the consensus view of the 1960s and how this breakdown has guided research in macroeconomics. The introduction and importance of "rational expectations" are discussed, as are recent advances within the new classical and new Keynesian paradigms. Copyright 1988 by Ohio State University Press.

Date: 1988
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Journal Article: Recent developments in macroeconomics: a very quick refresher course (1988)
Working Paper: Recent Developments in Macroeconomics: A Very Quick Refresher Course (1987)
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Persistent link: https://EconPapers.repec.org/RePEc:mcb:jmoncb:v:20:y:1988:i:3:p:436-49

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