Lectures on Macroeconomics

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The main purpose of Lectures on Macroeconomics is to characterize and explain fluctuations in output, unemployment and movement in prices. Lectures on Macroecon

Specificity and the Macroeconomics of Restructuring

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A proposal that the notion of specificity -- the idea that factors of production are not interchangeable -- can provide a unified framework to analyze and under

A Search-equilibrium Approach to the Micro Foundations of Macroeconomics

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Peter A. Diamond discusses search equilibrium as a framework for integrating micro and macroeconomics.

Labor Markets and Business Cycles

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Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert Sh

Advanced Macroeconomics

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Macroeconomic policy is one of the most important policy domains, and the tools of macroeconomics are among the most valuable for policy makers. Yet there has b