IDEAS home Printed from https://ideas.repec.org/a/nos/voprec/y2007id1567.html
   My bibliography  Save this article

The Formalization of Macroeconomics and Its Consequences for Monetary Policy

Author

Listed:
  • S. Moiseev

Abstract

While early macroeconomists were engineers trying to solve practical problems, modern macroeconomists have focused on developing mathematic tools and establishing models. These analytic instruments, however, have been slow to find their way into practical applications. This paper reviews the influence of modern macroeconomics on realities of monetary policy. The author concludes that the effect of formalization of macroeconomic theory on central banking is close to zero.

Suggested Citation

  • S. Moiseev, 2007. "The Formalization of Macroeconomics and Its Consequences for Monetary Policy," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 2.
  • Handle: RePEc:nos:voprec:y:2007:id:1567
    DOI: 10.32609/0042-8736-2007-2-46-58
    as

    Download full text from publisher

    File URL: https://www.vopreco.ru/jour/article/viewFile/1567/1569
    Download Restriction: no

    File URL: https://libkey.io/10.32609/0042-8736-2007-2-46-58?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nos:voprec:y:2007:id:1567. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: NEICON (email available below). General contact details of provider: https://www.vopreco.ru .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.