N. Gregory Mankiw

N. Gregory Mankiw · David Romer · David N. Weil

This 1992 Quarterly Journal of Economics paper by Mankiw, Romer, and Weil tests whether Robert Solow's (1956) neoclassical growth model, augmented to include accumulation of human as well as physical …

Andrew B. Abel · N. Gregory Mankiw · Lawrence H. Summers · Richard J. Zeckhauser

This paper asks whether actual capitalist economies have overaccumulated capital relative to the Golden Rule — the condition Diamond (1965) showed can leave an economy "dynamically inefficient," so …

N. Gregory Mankiw

This 1989 Journal of Economic Perspectives essay by N. Gregory Mankiw is an explicitly partisan new Keynesian critique of real business cycle (RBC) theory, the then-ascendant view that business cycles …

N. Gregory Mankiw

The consensus view that contractionary monetary shocks raise unemployment but only slowly and gradually lower inflation is, this lecture argues, flatly inconsistent with the forward-looking "new …

N. Gregory Mankiw

This 2006 essay by N. Gregory Mankiw argues that macroeconomics has always been pulled between two mindsets -- "engineers" who want to solve practical stabilization problems and "scientists" who want …