This book retraces the history of macroeconomics from Keynes's General Theory to the
present. Central to it is the contrast between a Keynesian era and a Lucasian-or dynamic …

Between 1890 and 2004 total factor productivity (TFP) growth in the United States has been
strongly procyclical, while labor productivity growth has been mildly so. This article argues …

Robert Solow's “Technical Change and the Aggregate Production Function”(1957) has had
an enduring influence on macroeconomics. In this article, we examine the history of …

The paper is focused on the construction of a new composite indicator intended to predict
the economic cycle of Poland and its comparison with the existing CLI used by international …

In his recent interesting paper in this journal, Laurence Seidman [2005] argues that the'new
classical counter-revolution that began in the 1970s has been a false path for …

Ce travail propose une mise en perspective des pratiques de modélisation
macroéconomique, depuis les travaux de Robert E. Lucas dans les années 1970 jusqu'aux …

内容提要: 2008-2009 年发生的金融危机再次引起了人们对大萧条这一最特殊经济史事件的
关注. 真实经济周期理论凭借动态一般均衡分析框架和“真实再现世界” 的数值模拟技术 …

1939, 161–74; RA Gordon 1952, 405–7; Estey 1956, 113–20; RJ Gordon and Wilcox 1981;
Hall and Ferguson 1998; Meltzer 2003, 390). Paul Samuelson maintains that “the origins of …

In the past few decades, real business cycle theory has developed rapidly after the initiation
of Kydland and Prescott in 1982. It has grown substantially as an independent literature and …

Abstract The Great Depression of the 1930s is again on the frontier of research in
macroeconomics. Researchers working in the real business cycle (RBC) tradition have …