The book gives an insider's perspective on how policy economists do their jobs. It is intended for academics and students who want to make their economic research more relevant for policy, or for anyone who wants an overview of some of the important unanswered questions in macroeconomics.
The book gives an insider's perspective on how policy economists do their jobs. It is intended for academics and students who want to make their economic research more relevant for policy, or for anyone who wants an overview of some of the important unanswered questions in macroeconomics.
Jeremy B. Rudd has worked as a policy economist for the past thirty years at the Council of Economic Advisers, the US Treasury Department, and the Federal Reserve Board. He was a Deputy Assistant Secretary for economic policy at the Treasury Department in 2007-2008 and 2009-2010.
Inhaltsangabe
1. Introduction: is macroeconomics useful? 2. Trends and cycles, shocks and stability 3. Determinants of aggregate spending and saving 4. Production functions and growth accounting 5. The macroeconomics of 'the' labor market 6. Understanding US inflation dynamics 7. What does monetary policy do? 8. What does fiscal policy do? 9. Conclusion: is (macro)economics useful? Appendix: miscellaneous notes on economic measurement.
1. Introduction: is macroeconomics useful? 2. Trends and cycles, shocks and stability 3. Determinants of aggregate spending and saving 4. Production functions and growth accounting 5. The macroeconomics of 'the' labor market 6. Understanding US inflation dynamics 7. What does monetary policy do? 8. What does fiscal policy do? 9. Conclusion: is (macro)economics useful? Appendix: miscellaneous notes on economic measurement.
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