Advances in Computational Economics, Volume 12: Analyses in Macroeconomic Modelling

by Andrew Hughes Hallett (Editor), Peter McAdam

Macroeconomic Modelling has undergone radical changes in the last few years. There has been considerable innovation in developing robust solution techniques for the new breed of increasingly complex models. Similarly there has been a growing consensus on their long run and dynamic properties, as well as much development on existing themes such as modelling expectations and policy rules. This edited volume focuses on those areas which have undergone the most significant and imaginative developments and brings together the very best of modelling practice. We include specific sections on (I) Solving Large Macroeconomic Models, (II) Rational Expectations and Learning Approaches, (III) Macro Dynamics, and (IV) Long Run and Closures. All of the contributions offer new research whilst putting their developments firmly in context and as such will influence much future research in the area. It will be an invaluable text for those in policy institutions as well as academics and advanced students in the fields of economics, mathematics, business and government. Our contributors include those working in central banks, the IMF, European Commission and established academics.

306 pages, Hardcover

First published September 1, 1999

About the author

Andrew Jonathan Hughes Hallett FRSE was a British economist. He was University Professor of Economics and Public Policy at George Mason University, Senior Research Fellow at Kings College (University of London) and Honorary Professor of Economics at the University of St Andrews. He was also a member of the Scottish Growth Commission.

Andrew Hughes Hallett was educated at Radley College. He graduated with a BA (Hons) in economics from the University of Warwick in 1969 and a MSc (Econ) from the London School of Economics in 1971. He was awarded a DPhil in economics by University of Oxford in 1976.

He was a lecturer in economics at the University of Bristol from 1973 to 1977, associate professor of economics at Erasmus University Rotterdam from 1977 to 1985, and David Dale Professor of Economics at Newcastle University from 1985 to 1989. In 1989, Hughes Hallett was appointed Jean Monnet Professor of Economics at the University of Strathclyde in Scotland, a post he held until 2002, when he became Professor of Economics at Vanderbilt University in Tennessee. He was appointed to professorships in Economics and Public Policy at George Mason University and at the University of St Andrews in 2007. In 2016, he became Senior Research Fellow in Economics at Kings College (University of London) and Professor of Economics at the Copenhagen Business School in Denmark. Professor Hughes Hallett was also a visiting professor at Princeton University, Harvard University, Cardiff University, Free University of Berlin, and the Universities of Rome, Paris and Milan.