Michel De Vroey is a Professor Emeritus at the University of Louvain and visiting professor at the Université Saint Louis, Brussels. He has published several books, including Involuntary Unemployment: The Elusive Quest for a Theory (2007) and Keynes, Lucas: D'une macroéconomie à l'autre (2009). He has also published extensively in scholarly journals.
Introduction
Part I. Keynes and Keynesian Macroeconomics: 1. Keynes's General Theory
2. Keynesian macroeconomics
3. The neoclassical synthesis program: Klein and Patinkin
4. Monetarism
5. Phelps and Friedman: the natural rate of unemployment
6. Leijonhufvud and Clower
7. Non-Walrasian equilibrium models
8. Assessment
Part II. DSGE Macroeconomics: 9. Lucas and the emergence of DSGE macroeconomics
10. A methodological breach
11. Assessing Lucas
12. Early reactions to Lucas
13. Reacting to Lucas: first generation new Keynesians
14. Reacting to Lucas: alternative research lines
15. Real business cycle modeling: Kydland and Prescott's contribution
16. Real business cycle modeling: critical reactions and further developments
17. Real business cycle modeling: assessment
18. Second generation new Keynesian modeling
Part III. A Broader Perspective: 19. The history of macroeconomics against the Marshall-Walras divide
20. Standing up to DSGE macroeconomics
21. Looking back, looking ahead.
