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macroeconomic models

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Journal Article
History of Political Economy (2019) 51 (3): 449–470.
Published: 01 June 2019
... . “ Alternative Approaches to the Analysis of the Financial Structure .” Monthly Review—Federal Reserve Bank of Kansas City ( March ): 3 – 9 . Carlson Keith M. 1974 . “ Monetary and Fiscal Actions in Macroeconomic Models .” Federal Reserve Bank of St. Louis Monthly Review ( January ): 8 – 18...
Journal Article
History of Political Economy (2017) 49 (Supplement): 158–186.
Published: 01 December 2017
... of the kind of knowledge these models brought about; and (2) with the ways in which these models shaped the practices, objects, and the very notion of macroeconomic planning. The concepts of bricolage and infrastructure help to account for the continuous reciprocal shaping of mathematical techniques...
Journal Article
History of Political Economy (2011) 43 (suppl_1): 166–187.
Published: 01 December 2011
... econometrics” at Harvard to his later advocacy of an approach to empirical macroeconomic modeling based on his “general equilibrium approach to monetary theory” that contrasted sharply with new classical macroeconomic modeling that interpreted general equilibrium in a very different way. Copyright 2011...
Journal Article
History of Political Economy (2019) 51 (3): 391–400.
Published: 01 June 2019
...”, “measurements”, and “observations.” The articles in this special issue show that a change of perspective in historical analysis toward the practice of macroeconometric modeling will enrich the history of macroeconomics. The history of macroeconomics is not only a history of ideas, but includes also histories...
Journal Article
History of Political Economy (2012) 44 (suppl_1): 226–249.
Published: 01 December 2012
... forgot about shocks as the causal drivers of business cycle phenomena. 232  Pedro Garcia Duarte and Kevin D. Hoover But not completely. In a 1959 article, Irma and Frank Adelman simu- lated the Klein-Goldberger macroeconomic model of the United States to determine whether it could generate...
Journal Article
History of Political Economy (2018) 50 (3): 425–481.
Published: 01 September 2018
... 2018 sunspots multiple equilibria context units indeterminacy macroeconomic models We are grateful to Costas Azariadis, Jess Benhabib, Roger Farmer, Jean-Michel Grandmond, Karl Shell, and Michael Woodford for their oral testimonies and help, to Robert Lucas for letting us use his...
Journal Article
History of Political Economy (2019) 51 (3): 425–447.
Published: 01 June 2019
... in Early Large-Scale Macroeconometric Models of the 1960s .” Working paper . Ando Albert . 1981 . “ On a Theoretical and Empirical Basis of Macroeconomic Models ”. In Large-Scale Econometric Models , edited by Kmenta J. Ramsey J. B. , 329 – 53 . Amsterdam : North-Holland...
Journal Article
History of Political Economy (2020) 52 (5): 827–861.
Published: 01 October 2020
..., Cowles and the Tradition of Macroeconomics (1983) Robert Solow belongs to the generation of economists who elaborated and promoted the postwar Keynesian mainstream.1 Among these economists, prominent figures considered the IS-LM model the cornerstone of that mainstream as a Walrasian model. Oskar Lange...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 304–314.
Published: 01 December 2009
... and Inventions. showcase.netins.net/web/creative/Lincoln/speeches/discoveries.htm . Solow, Robert. 1956 . A Contribution to the Theory of Economic Growth. Quarterly Journal of Economics 70 ( February ): 65 –94. ———. 2006 . On Macroeconomic Models of Free-Market Innovation and Growth...
Journal Article
History of Political Economy (2005) 37 (1): 61–78.
Published: 01 March 2005
... and h.w.plasmeijer@eco.rug.nl . Duke University Press 2005 Arrow, K., and F. Hahn. 1971 . General Competitive Analysis . San Francisco: Holden-Day. Barten, A. P. 1988 . The History of Macroeconomic Modelling (1936-1986). In Challenges for Macroeconomic Modelling , edited by W. Driehuis, M. M. G...
Journal Article
History of Political Economy (1992) 24 (1): 260–263.
Published: 01 March 1992
.... The primary message is that serious flaws in logic and consistency characterize the earliest forms of the neoclassical macroeconomic model. These imperfections have been addressed over time, while incorporating basic Keynesian concepts, generating a “synthesized” version of the neoclassical...
Journal Article
History of Political Economy (1992) 24 (1): 257–260.
Published: 01 March 1992
... theoretical paradigms will find A Critique of Neoclassical Macroeconomics by John Weeks enlightening and provocative. The primary message is that serious flaws in logic and consistency characterize the earliest forms of the neoclassical macroeconomic model. These imperfections have been addressed over...
Journal Article
History of Political Economy (1991) 23 (4): 687–712.
Published: 01 November 1991
... , J. 1983 . A Rational Expectations Keynes Type Model. Quarterly Journal of Economics 98 : 525 -29. Christ , C. 1968 . A Simple Macroeconomic Model with a Government Budget Constraint. Journal of Political Economy 76 : 53 -67. Clower , R. W. 1965 . The Keynesian...
Journal Article
History of Political Economy (1984) 16 (2): 291–309.
Published: 01 June 1984
... of knowing for sure until a horse race is held. 25 Clearly, the horse race Sargent had in mind was to be an empirical one.26 But instead, also in 1975, Sargent, in a paper with Wallace, set up a theoretical horse race. 27 The authors built a macroeconomic model struc- ture with the stated...
Journal Article
History of Political Economy (2004) 36 (Suppl_1): 127–164.
Published: 01 December 2004
... of the Mundell-Fleming Model. IMF Staff Papers 47 (special issue): 215 -27. ____. 2002 . Notes on the Development of the International Macroeconomic Model. In The Open Economy Macromodel:Past, Present, and Future , edited by A. Arnon and W. Young. Boston: Kluwer Academic Publishers. ____. 2003...
Journal Article
History of Political Economy (2002) 34 (2): 321–364.
Published: 01 June 2002
.... Boston: Ginn. Gordon, Robert J. 1978 . Macroeconomics . Boston: Little, Brown. ____. 1981 . Macroeconomics . 2d ed. Boston: Little, Brown. ____. 1984 . Macroeconomics . 3d ed. Boston: Little, Brown. Grieve, Roy H. 1998 . The ADAS Model: Two into One Won't Go. In Aggregate Demand...
Journal Article
History of Political Economy (2019) 51 (3): 579–599.
Published: 01 June 2019
.... Lima Gilberto T. , 190 – 237 . Cheltenham : Edward Elgar Publishing . Duarte Pedro G. 2015 . “ From Real Business Cycle and New Keynesian to DSGE Macroeconomics: Facts and Models in the Emergence of a Consensus .” University of São Paulo FEA-USP Working Papers No. 2015–05...
Journal Article
History of Political Economy (1991) 23 (3): 431–455.
Published: 01 September 1991
... overstate the case a little and construct a caricature of the “definitional mode of thinking Let us imagine a macroeconomic model-builder of the 1930s who has in mind the following, determinate model: where X, r, A, and B are some interesting macroeconomic variables. But the model-builder...
Journal Article
History of Political Economy (1984) 16 (2): 263–290.
Published: 01 June 1984
... expectations and the dynamic structure of macroeconomic models: a critical review.’ Journal of Monetary Economics 4 ( Jan. ): 1 -44. Simon , Herbert A. 1978 . ‘Rationality as process and as product of thought.’ American Economic Review 68 ( May ): 1 -19. Sims , Christopher A. 1980...
Journal Article
History of Political Economy (2015) 47 (3): 395–417.
Published: 01 September 2015
...Michaël Assous Robert Solow has called repeatedly for the development of models that combine equilibrium and out-of-equilibrium outcomes, or what he calls medium-run macroeconomics. This essay recounts the history of his various attempts to address that issue. It starts in the early 1950s, when...