Themes in Modern Macroeconomics

1. Front Matter

   Pages i-vii

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2. Introduction

   • Helge Brink

   Pages 1-5

3. The Sad State of Macroeconomic Theory

   • Helge Brink

   Pages 6-34

4. Microfoundations of Dynamic Macroequations

   • Marco Lippi

   Pages 35-50

5. Exchangeability and the Structure of the Economy

   • John McCall

   Pages 51-70

6. A Simple Concept of Income

   • Carsten Heyn-Johnsen

   Pages 71-97

7. Production and Distribution in a Monetary Economy

   • Augusto Graziani

   Pages 98-114

8. A Keynsian Model for a Post-monetarist Open Economy

   • Meghnad Desai

   Pages 115-139

9. A Simple Stock Flow Model of the Danish Economy

   • Wynne Godley, Gennaro Zezza

   Pages 140-179

10. Back Matter

    Pages 181-185

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This volume provides a broad overview of the development of macroeconomic theory and methods. Against this background fundamental questions are addressed by the authors: reconciliation of micro and macroeconomic theory, the role of money in macroeconomic modelling, the concept of income, and new suggestions for the basic framework of macroeconomic theorizing.

• Keynes
• macroeconomics
• methods
• money
• production

• University of Aalborg, Denmark

  Helge Brink

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