Cited By (@RePEc)
 

Discussion Paper

No. 2009-3 | January 05, 2009
Sergio Da Silva
Does Macroeconomics Need Microeconomic Foundations?

Abstract

The author argues that it is microeconomics that needs foundations, not macroeconomics. Preferences need to be built on biology, and, in particular, on neuroscience. In contrast, macroeconomics could benefit from rationalizations of aggregate economic phenomena by non-equilibrium statistical physics.

Paper submitted to the special issue “Reconstructing Macroeconomics”
(http://www.economics-ejournal.org/special-areas/special-issues)
 

JEL Classification

B22 B41 C82 D87

Cite As

Sergio Da Silva (2009). Does Macroeconomics Need Microeconomic Foundations?. Economics Discussion Papers, No 2009-3, Kiel Institute for the World Economy. http://www.economics-ejournal.org/economics/discussionpapers/2009-3

Assessment

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Anonymous - Reader Comment
February 23, 2009 - 09:06

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Anonymous - Referee Report
June 03, 2009 - 09:10

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Sergio Da Silva - Response to Reviewers
June 08, 2009 - 10:26

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