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The development of modern macroeconomics : reflections In the light of Johnson's analysis after twenty five years.

Snowdon, B. and Vane, H.R. (1996) 'The development of modern macroeconomics : reflections In the light of Johnson's analysis after twenty five years.', Journal of macroeconomics., 18 (3). pp. 381-401.

Abstract

This paper considers how far factors advanced by Harry Johnson some twenty-five years ago to explain the success of the Keynesian revolution and subsequent monetarist counter-revolution, can help in understanding why new classical macroeconomics has had such an impact on the more recent development of macroeconomics. At least three of Johnson's five “internal scientific characteristics” are seen to have played an important role in the development of both versions of new classical macroeconomics.

Item Type:Article
Full text:Full text not available from this repository.
Publisher Web site:http://dx.doi.org/10.1016/S0164-0704(96)80028-0
Record Created:17 Feb 2011 11:05
Last Modified:23 Feb 2011 16:45

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