![]() |
Dipartimento di Economia e TerritorioUniversità degli Studi di Cassino |
The Keynesian Legacy in Macroeconomic Modeling
Cassino (FR) - Italy - 16/17 September 2005
|
Conference Objective In the post-war period, macroeconomic modeling of developed economies was mainly rooted in Keynesian theory up to the 1970s, when the failure of applied models in dealing with stagflation lead to a shift in economic theory towards supply side models, rational expectations, optimizing behavior etc., and attention to applied macroeconomic models has considerably diminished among economists. However, existing empirical models based on Keynesian and post-Keynesian principles are sometimes more successful than model based on optimizing behavior in tracking real economies. Moreover, theoretical macroeconomic models are still developed and discussed among economists of Keynesian persuasion. The goal of the conference is to collect state-of-the-art results in what one may broadly label as Keynesian macroeconomic modeling, both on theoretical and empirical grounds, and to create or strengthen the network among research groups in this area. Authors are welcome to present more than one paper in different sessions. If you wish to organize a session on one of the themes of the conference, please contact the organizing committee. Please get the Call for papers New deadline for submitting an abstract: June 20, 2005 Contacts Gennaro Zezza Department of Economics - Cassino, Italy - zezza@unicas.it, and Levy Economics Institute - U.S. Philip Arestis University of Cambridge, United Kingdom - pa267@cam.ac.uk, and Levy Economics Institute - U.S. |