 John Muellbauer (1944–)Chapter 26 in The Palgrave Companion to Oxford Economics, 2021, pp 645-671 from Springer Abstract: Abstract John Muellbauer has made notable contributions to applied microeconomics and macroeconomics. His earlier work on indirect utility functions and aggregation and his collaboration with Angus Deaton—especially their Almost Ideal Demand System (AIDS) and classic graduate text, Economics and Consumer Behaviour—notably advanced the practice of applied microeconomics. Building on his work on aggregation, Muellbauer’s mid-career research focused on incorporating balance sheets, credit constraints and expectations into macroeconomic analysis. His seminal papers with Anthony Murphy on housing booms and busts and their impact on UK consumption predated by nearly two decades the acclaimed papers by Mian and Sufi on US housing and consumption during the Great Recession. Muellbauer’s more recent work (in part with Janine Aron, John Duca and Anthony Murphy) has extended his consumption and housing analysis to other countries, re-examined how to model inflation, and integrated financial stability into macroeconomic analysis relevant to policy. Keywords: Aggregation; Almost Ideal Demand System (AIDS); Balance sheets; Consumption; Credit constraints; Expectations; Financial stability; Housing (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-58471-9_26 Ordering information: This item can be ordered from DOI: 10.1007/978-3-030-58471-9_26 Access Statistics for this chapter More chapters in Springer Books from Springer |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.