"WHITHER THE ECONOMY ?" OFCE n°157 - Septembre 2018
WHITHER THE ECONOMY?
Introduction. Whither the Economy? . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Xavier Ragot Whither Economic History? Between Narratives and Quantification . 17 Pamfili Antipa and Vincent Bignon
Long-Term Growth and Productivity Trends: Secular Stagnation or Temporary Slowdown? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 Antonin Bergeaud, Gilbert Cette, and Rémy Lecat
Technical Progress and Growth since the Crisis . . . . . . . . . . . . . . . . . 55 Philippe Aghion and Céline Antonin
Macroeconomics in the Age of Secular Stagnation . . . . . . . . . . . . . . . 69 Gilles Le Garrec and Vincent Touzé
Inequality in Macroeconomic Models . . . . . . . . . . . . . . . . . . . . . . . . . 93 Cecilia García-Peñalosa
Macroeconomics and the Environment . . . . . . . . . . . . . . . . . . . . . . . 117 Katheline Schubert
The State of Applied Environmental Macroeconomics . . . . . . . . . . . 133 Gissela Landa Rivera, Paul Malliet, Frédéric Reynès, and Aurélien Saussay
Is the Study of Business-Cycle Fluctuations “Scientific?”. . . . . . . . . . 151 Édouard Challe
The Winter of our Discontent: Macroeconomics after the Crisis . . . . 167 Rodolphe Dos Santos Ferreira
Imperfect Information in Macroeconomics . . . . . . . . . . . . . . . . . . . . 181 Paul Hubert and Giovanni Ricco
Finance and Macroeconomics: The Preponderance of the Financial Cycle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 197 Michel Aglietta
The Instability of Market Economies . . . . . . . . . . . . . . . . . . . . . . . . . 225 Franck Portier
Towards a Non-Walrasian Macroeconomics . . . . . . . . . . . . . . . . . . . 235 Jean-Luc Gaffard
Table The information and views expressed herein are entirely those of the authors and do not reflect the official opinion of the institutions to which they belong. A Short Walk on the Wild Side: Agent-Based Models and their Implications for Macroeconomic Analysis . . . . . . . . . . . . . . . . . . . . . 257 Mauro Napoletano
What Should Monetary Policy do in the Face of Soaring Asset Prices and Rampant Credit Growth? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 283 Anne Épaulard
What are the Euro Zone's Main Difficulties? . . . . . . . . . . . . . . . . . . . 299 Patrick Artus
The End of the Consensus? The Economic Crisis and the Crisis of Macroeconomics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 319 Francesco Saraceno
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