Central banks use macroeconomic models to help frame the issues that they face, to mold their ideas, and to guide them in their decisionmaking. While a wide range of models are available, economists ...

John Maynard Keynes’ book The General Theory of Interest, Employment, and Money is one of the classic works of the twentieth century. Keynes published his book in 1936 during the midst of the Great ...

The Nobel Memorial Prize in Economic Science was awarded this morning to Finn E. Kydland, a professor of economics at Carnegie Mellon University’s Tepper School of Business and at the University of ...

February is a highly anticipated month as the Indian government tables the Union Budget in Parliament. This year marks the 90th anniversary of a book whose ideas broadly lays the economic foundations ...

As a rule, the latest economic figures are not that important in themselves, but they shed fresh light on long-run trends. It may or may not be true, as Dean Baker suggests, that the 0.1 percent ...