New Trends in Macroeconomics

There are theoretical and applied works with developments on (1) mechanisms of economic dynamics, (2) structures of macroeconomic variables, and (3) relationships between macroeconomic time series. "This volume does exactly what its title says: it acquaints with 'New Trends in Macroeconomics'. More specifically, it contains eleven chapters covering different aspects of modern macroeconomics: short-run fluctuations, long-run growth, monetary economics, international finance, macroeconometrics and complex dynamics. All chapters break new grounds in their area while at the same time remain very accessible. The book contains also an excellent mixture of new techniques, interesting applications and methodological arguments. A valuable reference for both practitioners and researchers, it will also be of great help to gradutate students seeking to bring themselves to the frontier of one of the most fascinating fields of economics." Professor Theodore Palivos Co-editor of the Journal of Macroeconomics New Trends in Macroeconomics provides a new approach to the subject. The principal aim of the book is to present a comprehensive survey of novel theoretical approaches, methods, and models used in macroeconomics and macroeconometrics. The book gives extensive insight into economic policy, incorporates a strong international perspective, and offers a broad historical perspective. Readership are researchers, graduate and post-graduate students in applied economics as well as professional economists.