microfoundations
2 episodes mention this concept
NewEconomicThinkingNov 8, 2021The Janeway Institute: Reimagining Economics through Keynesian Principles, Finance Integration, and Empirical Rigor
EconomicsDeep interdependence of financial system and real economyRadical uncertaintyFragility of complex systemsBastard Keynesianism- NewEconomicThinkingDec 12, 2017
Rebuilding Macroeconomic Theory: Addressing the Failures of New Keynesian DSGE Models Post-2008
EconomicsNew Keynesian Dynamic Stochastic General Equilibrium (DSGE) modelGreat ModerationKeynesian RevolutionGeneral Equilibrium Theory
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Related concepts
Concepts that appear alongside microfoundations across episodes.
- radical uncertainty
- net present value
- fragility of complex systems
- cliometrics
- zero lower bound (zlb)
- debt deflation theory
- bastard keynesianism
- neoclassical model
- buffer stock saving
- general equilibrium theory
- representative agent model
- three-player game (state, speculation, entrepreneur)
- heterogeneity
- behavioral macroeconomics
- credibility revolution (empirical work, causal relationships)
- quantitative easing
- rational expectations
- rational representative agent
- taylor rule
- financial accelerator