Dynamic Macroeconomics: Methods, Models and Analysis

A special issue of Economies (ISSN 2227-7099). This special issue belongs to the section "Macroeconomics, Monetary Economics, and Financial Markets".

Deadline for manuscript submissions: 31 October 2024 | Viewed by 1050

Special Issue Editor


E-Mail Website
Guest Editor
Department of Economics and Statistics, University of Salerno, Via Giovanni Paolo II, 132, 84084 Fisciano, SA, Italy
Interests: computational economics; dynamic macroeconomics; political economy
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

Macroeconomic analysis is a complex business, for it purports to address fundamental questions that are inherent to the structure and functioning of sophisticated economic systems that encompass markets, enterprises, consumers and public institutions: What are the key determinants of unemployment dynamics? What stimulates, or hinders, long-run economic growth and short-run fluctuations? How to design policies addressing efficiency and inequality issues at different layers? Answering these and related questions will deepen our understanding of the structural features of aggregate economies and the main political, institutional and socio-economic forces and mechanisms shaping their evolution and persistence over time.

This Special Issue aims to collect relevant work dealing with methods, models and analysis in the field of dynamic macroeconomics. Original theoretical and/or empirical explorations of old yet controversial questions (e.g., the fiscal roots of inflation) or attempts to provide perspectives on topics at the center stage of the current debate (e.g., the macroeconomic dimension of the green transition) are all welcome. Topics of interest include, but are not limited to, the following: heterogeneity in macroeconomic analysis; DSGE modeling; AB modeling; macroeconometric techniques and applications; and numerical methods.

Prof. Dr. Marco Maria Sorge
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Economies is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • macroeconomic theory
  • empirical macroeconomics
  • DSGE models
  • agent-based modeling
  • identification
  • estimation

Published Papers (1 paper)

Order results
Result details
Select all
Export citation of selected articles as:

Research

13 pages, 879 KiB  
Article
Debt Puzzle: A Comparative Analysis of Public Debt’s Impact on Production Efficiency across OECD Countries
by Usama R. Al-qalawi and Arqam Al-Rabbaie
Economies 2024, 12(7), 161; https://doi.org/10.3390/economies12070161 - 26 Jun 2024
Viewed by 835
Abstract
Debt is a fundamental component of modern economic systems. It serves as a source of financing for government, business, and individual projects. Many earlier studies concentrated on the direct relationship between debt and economic performance using different econometric methodologies. This work investigates the [...] Read more.
Debt is a fundamental component of modern economic systems. It serves as a source of financing for government, business, and individual projects. Many earlier studies concentrated on the direct relationship between debt and economic performance using different econometric methodologies. This work investigates the effect of debt on production efficiency, extracted from the estimated production function. Unlike previous econometric approaches, we employ a production stochastic frontier analysis (SFA) on data for 18 OECD countries spanning from Quarter 1, 2015, to Quarter 3, 2021, to capture the short-run effect of debt on the production efficiency and, thus, output growth. The results show that, in the short run, as debt increases by $1 billion, efficiency increases by 0.04%. Additionally, we found that the most indebted countries are the most efficient countries. In our sample, those were the UK and France. Furthermore, the average efficiency for the 18 OECD countries was 70.07. Full article
(This article belongs to the Special Issue Dynamic Macroeconomics: Methods, Models and Analysis)
Show Figures

Figure 1

Back to TopTop