Tag: New Keynesian Economics
How to Maintain Prosperity for All | Q&A with Roger Farmer |
In this interview, Prof. Farmer explains to us: Why are multiple equilibria modeling better compared to the standard unique equilibrium model? Why should "belief" be an important component to macroeconomic modeling? Why should central banks consider stock market intervention in stabilizing the employment markets?
FTPL and the State of Macroeconomics | Q&A with John Cochrane |
This is the fourth installment of our interview series “Where is the General Theory of the 21st Century?”In this article, we continue our discussion...