Wendy Carlin Livres

This volume provides a unified framework for the analysis of short- and medium-run macroeconomics. It develops a core New Keynesian macro model based on imperfect competition and nominal rigidities and shows how this compares with alternatives

When David Carlin was only six months old, his father, Brian, died. Brian became a mysteriously absent figure in David's family story, hardly spoken of again. As an adult, David yearns to conjure up his father, to uncover what led to his death at his own hand. Here, he deftly weaves a story from what he has known, and from what he will never know.

The book introduces a 3-equation model that integrates the financial system and addresses inequality, providing students with a practical framework to tackle ongoing macroeconomic challenges. By connecting contemporary research and policy, the authors equip readers to understand and analyze the implications of the financial crisis and the Great Recession, fostering critical thinking in macroeconomic theory and practice.