By Kevin D. Hoover (NHC Fellow, 1991–92) Causality in Macroeconomics examines causality while taking macroeconomics seriously. A pragmatic and realistic philosophy is joined to a macroeconomic foundation that refines Herbert Simon's well-known work on causal order to make a case for a structural approach to causality. The structural approach is used to understand modern rational … Continued
Edited by Robert O. Keohane (NHC Fellow, 1995–96) and Helen V. Milner Rapid increases in international economic exchanges during the past four decades have made national economies very open to the world economy by historical standards. Much recent economic analysis has been devoted to exploring the effects of such internationalization on macroeconomic policy options, national … Continued
Edited by Kevin D. Hoover (NHC Fellow, 1991–92) Over the past two decades the new classical macroeconomics has become the single most coherent school of macroeconomic thought. Always controversial, it has nonetheless captured centre-stage, and has become the standard by which competing schools of thought are judged. These volumes contain the most important and influential … Continued