TY  - JOUR
AU  - Mankiw,N. Gregory
TI  - Recent Developments in Macroeconomics:  A Very Quick Refresher Course
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 2474
PY  - 1988
Y2  - December 1988
UR  - http://www.nber.org/papers/w2474
L1  - http://www.nber.org/papers/w2474.pdf
N1  - Author contact info:
N. Gregory Mankiw
Department of Economics
Littauer 223
Harvard University
Cambridge, MA  02138
Tel: 617/495-4301
Fax: 617/495-7730
E-Mail: ngmankiw@fas.harvard.edu
M2  - featured in NBER digest on 1988-07-01
AB  - This paper outlines the major developments in macroeconomics over the past two decades. It examines the reasons for the breakdown in the consensus view of the 1960s and how this breakdown has guided research in macroeconomics. The introduction and importance of "rational expectations" are discussed, as are recent advances within the new classical and new Keynesian paradigms.
ER  -