Journal of Economic Perspectives: Vol. 14 No. 1 (Winter 2000)


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Toward a Macroeconomics of the Medium Run

Article Citation

Solow, RobertM. 2000. "Toward a Macroeconomics of the Medium Run." Journal of Economic Perspectives, 14(1): 151-158.

DOI: 10.1257/jep.14.1.151


My main goal in this essay is to say something about leftover open questions in macroeconomics, as well as new phenomena that need to be accommodated in early 21st century macroeconomics, and the sorts of ideas that might make progress possible. The essay first considers foundational questions and then the analysis of growth, fluctuations, wages and prices, and the medium run.

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Solow, Robert M. (MIT)

JEL Classifications

E00: Macroeconomics and Monetary Economics: General
A11: Role of Economics; Role of Economists


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