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The Policy Consensus Ruling European Political Economy: The Political Attractions of Discredited Economics

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  • Waltraud Schelkle
  • Anke Hassel

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  • Waltraud Schelkle & Anke Hassel, 2012. "The Policy Consensus Ruling European Political Economy: The Political Attractions of Discredited Economics," Global Policy, London School of Economics and Political Science, vol. 3, pages 16-27, December.
    • Handle: RePEc:bla:glopol:v:3:y:2012:i::p:16-27
    DOI: 10.1111/gpol.2013.3.issue-s1
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    References listed on IDEAS

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    1. Soskice, David, 1990. "Wage Determination: The Changing Role of Institutions in Advanced Industrialized Countries," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 6(4), pages 36-61, Winter.
    2. Marvin Goodfriend & Robert G. King, 1997. "The New Neoclassical Synthesis and the Role of Monetary Policy," NBER Chapters, in: NBER Macroeconomics Annual 1997, Volume 12, pages 231-296, National Bureau of Economic Research, Inc.
    3. Warne, Anders & Coenen, Günter & Christoffel, Kai, 2008. "The new area-wide model of the euro area: a micro-founded open-economy model for forecasting and policy analysis," Working Paper Series 944, European Central Bank.
    4. Mark Gertler & Jordi Gali & Richard Clarida, 1999. "The Science of Monetary Policy: A New Keynesian Perspective," Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1661-1707, December.
    5. Dermot Hodson & Deborah Mabbett, 2009. "UK Economic Policy and the Global Financial Crisis: Paradigm Lost?," Journal of Common Market Studies, Wiley Blackwell, vol. 47(5), pages 1041-1061, November.
    6. Waltraud Schelkle, 2006. "The Theory and Practice of Economic Governance in EMU Revisited: What Have we Learnt About Commitment and Credibility?," Journal of Common Market Studies, Wiley Blackwell, vol. 44(4), pages 669-685, November.
    7. George A. Akerlof & William R. Dickens & George L. Perry, 1996. "The Macroeconomics of Low Inflation," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 27(1), pages 1-76.
    8. Rueda, David, 2006. "Social Democracy and Active Labour-Market Policies: Insiders, Outsiders and the Politics of Employment Promotion," British Journal of Political Science, Cambridge University Press, vol. 36(3), pages 385-406, July.
    9. repec:bla:jcmkts:v:44:y:2006:i::p:669-685 is not listed on IDEAS
    10. James K. Galbraith, 1997. "Time to Ditch the NAIRU," Journal of Economic Perspectives, American Economic Association, vol. 11(1), pages 93-108, Winter.
    11. Eichhorst, Werner & Hemerijck, Anton, 2008. "Welfare and Employment: A European Dilemma?," IZA Discussion Papers 3870, Institute of Labor Economics (IZA).
    12. Mark Gertler & Jordi Gali & Richard Clarida, 1999. "The Science of Monetary Policy: A New Keynesian Perspective," Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1661-1707, December.
    13. Waltraud Schelkle, 2012. "Good governance in crisis or a good crisis for governance? A comparison of the EU and the US," Review of International Political Economy, Taylor & Francis Journals, vol. 19(1), pages 34-58.
    14. repec:bla:jcmkts:v:47:y:2009:i::p:1041-1061 is not listed on IDEAS
    15. Michael Woodford, 2009. "Convergence in Macroeconomics: Elements of the New Synthesis," American Economic Journal: Macroeconomics, American Economic Association, vol. 1(1), pages 267-279, January.
    16. repec:bla:jcmkts:v:44:y:2006:i::p:803-821 is not listed on IDEAS
    17. Buiter, Willem, 2009. "The unfortunate uselessness of most ’state of the art’ academic monetary economics," MPRA Paper 58407, University Library of Munich, Germany, revised 06 Mar 2009.
    18. KATHLEEN R. McNAMARA, 2006. "Economic Governance, Ideas and EMU: What Currency Does Policy Consensus Have Today?," Journal of Common Market Studies, Wiley Blackwell, vol. 44(4), pages 803-821, November.
    19. Frank Smets & Raf Wouters, 2003. "An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area," Journal of the European Economic Association, MIT Press, vol. 1(5), pages 1123-1175, September.
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    Cited by:

    1. Mark Gertler & Jordi Gali & Richard Clarida, 1999. "The Science of Monetary Policy: A New Keynesian Perspective," Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1661-1707, December.
    2. Deborah Mabbett & Waltraud Schelkle, 2014. "Searching under the lamp-post: the evolution of fiscal surveillance," Europe in Question Discussion Paper Series of the London School of Economics (LEQs) 5, London School of Economics / European Institute.
    3. Deborah Mabbett & Waltraud Schelkle, 2014. "Searching under the lamp-post: the evolution of fiscal surveillance," LEQS – LSE 'Europe in Question' Discussion Paper Series 75, European Institute, LSE.

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