The globalization of finance and its attendant laws, rules, and crises usually thrust macroeconomics into the spotlight. This volume surveys all significant advances in macroeconomic scholarship because the ebook of quantity 1 (1999), conscientiously distinguishing between empirical, theoretical, methodological, and coverage issues. It courageously examines why present types failed in the course of the monetary difficulty and addresses well-deserved feedback head on. With contributions from the world's leader macroeconomists, its reevaluation of macroeconomic scholarship and speculation approximately its future constitute an funding worthy making.
- This quantity will serve a double position by means of serving as a textbook for macroeconomics classes and by way of introducing scholars to frontier research
- This quantity has no opponents, as no significant collections of macroeconomic essays were released within the final decade
- Volume 2 builds upon quantity 1 by utilizing its part headings whereas exhibiting simply how some distance macroeconomic inspiration has evolved