Advances in Macroeconomic Theory

International Economic Association

  • Jacques Drèze

Part of the International Economic Association book series (IEA)

Table of contents

  1. Front Matter
    Pages i-xiii
  2. Introduction: Advances and Challenges in Macroeconomics

  3. The General Framework

  4. Money and Finance

    1. Front Matter
      Pages 77-77
    2. Bruce Greenwald, Michael Adler
      Pages 97-112
    3. Stephen G. Cecchetti, Erica L. Groshen
      Pages 113-135
  5. Wages and Employment

  6. Econometrics

    1. Front Matter
      Pages 217-217
    2. Adrian Pagan
      Pages 219-235
  7. Dynamics

    1. Front Matter
      Pages 237-237
    2. David de la Croix
      Pages 255-282
  8. Development

    1. Front Matter
      Pages 283-283
    2. Vittorio Corbo
      Pages 285-309
    3. William Easterly, Roumeen Islam, Joseph E. Stiglitz
      Pages 352-372

About this book


Leading world scholars analyze a range of specific departures from general equilibrium theory which have significant implications for the macroeconomic analysis of both developed and developing economies. Jacques Drèze considers uncertainty and incomplete markets and Nobel Laureate Robert Solow relates growth theory to the macroeconomic framework. Other issues examined are the implications for macro-policy of new research, including Joseph Stiglitz's warning on the misplaced zeal for financial market liberalization which partly engendered the East Asian and Russian crises.


business cycle econometrics economic policy economic theory employment equilibrium general equilibrium general equilibrium theory growth growth theory incomplete markets Inflation macroeconomics microeconomics monetary policy

Editors and affiliations

  • Jacques Drèze
    • 1
  1. 1.COREUniversité Catholique de LouvainBelgium

Bibliographic information