Papers presented at the conference on “Macroeconomic Models for Monetary Policy” held March 6, 2009, at the Federal Reserve Bank of San Francisco addressed such issues as how to model wage and price ...

Discover how the Nordic model blends capitalism and social welfare, compared to the U.S. system, with insights on taxation, social services, and economic efficiency.

Journal Editorial Report: The week's best and worst from Kim Strassel, Jason Riley and Dan Henninger. Images: Bay Area News Group/AP/Zuma Press/iStock Photo Composite: Mark Kelly In a famous 1972 ...

Agent-based modelling (ABM) has emerged as a pivotal tool in macroeconomics and economic policy analysis. By simulating the interactions of numerous heterogeneous agents — such as households, firms, ...

The National Academies will convene a workshop to improve understanding of the relationships between the macroeconomy and climate change and climate-related impacts. The workshop will consider ...

Physicists look at the big world of planets, stars, galaxies, and gravity. But they also study the minute world of atoms and the tiny particles that comprise those atoms. Economists also look at two ...

An Introduction to Ergodicity Economics is a new textbook that draws on physics to re-examine traditional economic theory. It ...

This article appears in the April 2023 issue of The American Prospect magazine. Subscribe here. Economics is commonly described as the science of scarcity. We have limited resources, and we have to ...

Macro risk involves political, economic hazards impacting businesses globally. Learn about its effects, how companies manage ...

The Roundtable on Macroeconomics and Climate-related Risks and Opportunities will improve the understanding of how the physical and transition effects of climate change relate to and affect ...

Economics is split between analysis of how the overall economy works and how single markets function Physicists look at the big world of planets, stars, galaxies, and gravity. But they also study the ...