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dc.contributor.authorDoroftei, Irina Mădălinaen_US
dc.date.accessioned2012-06-20en_US
dc.date.accessioned2012-07-19T10:28:38Z-
dc.date.available2012-07-19T10:28:38Z-
dc.date.issued2012en_US
dc.identifier.citationRomanian Journal of Fiscal Policy (RJFP) 2069-0983 3 2012 1 20-27en_US
dc.identifier.urihttp://hdl.handle.net/10419/59808-
dc.description.abstractThe recent crisis of 2008 has revealed several challenges for the economic science, sparking a considerable amount of debate regarding the profession of economists and the role of macroeconomics and monetary policies. The first question that arose was why there was a lack of anticipation of the crisis (especially from the mainstream economists) and, secondly, how could policy makers fix the economy after the crash of the markets. The metaphor economics as a machine is a good reflection of how people think of the economy and economists today, although the author of this paper, among many other researchers, believes otherwise. Therefore, this paper gives preliminary answers to the questions above and describes today's challenges to macroeconomic models and to monetary policy frameworks in particular, in terms of methodology.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.subject.jelB41en_US
dc.subject.jelE58en_US
dc.subject.jelG01en_US
dc.subject.jelG10en_US
dc.subject.jelH12en_US
dc.subject.ddc330en_US
dc.subject.keywordeconomic methodologyen_US
dc.subject.keywordfinancial crisisen_US
dc.subject.keywordmonetary policyen_US
dc.titleSome considerations on the challenges to the economic scienceen_US
dc.typeArticleen_US
dc.identifier.ppn717990206en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/3.0/-
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