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Eurozone economy shows resilience with 0.4% GDP increase in Q3

Eurozone GDP quarterly growth rate sped up to 0.4% in Q3, an upside surprise compared to an expectation of 0.2% increase, countering widespread worries that the currency bloc is sliding into economic stagnation.

Global Economy

Interviews

A Macroeconomic Earthquake | Q&A with Larry Christiano

In this interview, Prof Christiano shared his view on the development of post-2008 academic macroeconomics. We’ve asked Prof Christiano does he agree that modern macroeconomic models are too complicated for the general public, or even policymakers and if he agrees that economic models should be “simpler”. Does he think the recent revival of ISLM model a “good trend”? Should Macroeconomists hang on their faith in DSGE models? Should they explore alternative paths?