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The authors make a strong case that a stable non-accelerating inflation rate of unemployment (NAIRU), independent of macroeconomic policy, does not exist. Conse

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 Lucasi

This text, which is intended for use at third year undergraduate and introductory graduate level, takes the student beyond the IS/LM model. Advanced Macroeconom

In this edited collection, Joseph Stiglitz and Martin Guzman present a series of studies on contemporary macroeconomic issues. The book discusses a set of key l

This book contains 20 essays on macroecomics.