de-Córdoba Gonzalo F, Molinari Benedetto
Department of Economics, Universidad de Málaga, Spain.
ESCP, France.
Heliyon. 2022 Sep 23;8(9):e10717. doi: 10.1016/j.heliyon.2022.e10717. eCollection 2022 Sep.
There is a widespread call in the academy to teach macroeconomics more homogeneously at the graduate and undergraduate levels. Current state-of-the-art research in macroeconomics obliges teachers of graduate courses to focus on dynamic stochastic general equilibrium (DSGE) models. At the same time, DSGE models have proven too complex for undergraduate-level macroeconomics, which is still grounded on classical model (e.g. IS-LM). In this paper, we propose a tool to bridge the gap between these two conceptual frameworks. Sankey diagrams for macroeconomics provide a coherent graphical analysis representing the aggregate economic activity either defined as in National Accounts, or in classical models, or as an equilibrium outcome of DSGE models. Thus, this tool can be used indifferently in graduate and undergraduate courses providing a guideline for students to recognize the same object of the analysis when jumping from undergraduate to graduate macro.
学术界普遍呼吁在研究生和本科阶段以更统一的方式教授宏观经济学。当前宏观经济学的前沿研究要求研究生课程教师专注于动态随机一般均衡(DSGE)模型。与此同时,事实证明DSGE模型对于本科阶段的宏观经济学来说过于复杂,本科宏观经济学仍然以经典模型(如IS-LM模型)为基础。在本文中,我们提出了一种工具来弥合这两个概念框架之间的差距。宏观经济学的桑基图提供了一种连贯的图形分析,它可以表示按照国民账户定义的、或经典模型中的、或DSGE模型的均衡结果的总经济活动。因此,这个工具可以在研究生和本科课程中不加区分地使用,为学生提供一个指导方针,以便他们在从本科宏观经济学过渡到研究生宏观经济学时能够识别相同的分析对象。
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