How Macroeconomists Lost Control of Stabilization Policy: Towards Dark Ages

This paper is a study of the history of the transplant of mathematical tools using negative feedback for macroeconomic stabilization policy from 1948 to 1975 and the subsequent break of the use of control for stabilization policy which occurred from 1975 to 1993. New-classical macroeconomists select...

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Veröffentlicht in:	arXiv.org 2020-10
Hauptverfasser:	Chatelain, Jean Bernard, Kirsten, Ralf
Format:	Artikel
Sprache:	eng
Schlagworte:	Mathematical analysis Mathematics - History and Overview Mathematics - Optimization and Control Middle Ages Negative feedback Quantitative Finance - General Finance Stabilization Statistics - Applications
Online-Zugang:	Volltext
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