Considerations on the State of the Debate in Macroeconomic Theory
Keywords:
macroeconomic theory, rational expectations, macroeconomic debate, economic policy, monetarism, KeynesianismAbstract
This paper tries to present the central issues around the macroeconomic debate, emphasizing the prominent role played today by the rational expectations school. The main propositions out of this school are explained, as well as the critiques advanced by its opponents.Downloads
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