Fagiolo, Giorgio; Roventini, Andrea - Dipartimento di Scienze Economiche, Facoltà di Economia - 2012
The Great Recession seems to be a natural experiment for macroeconomics showing the inadequacy of the predominant theoretical framework — the New Neoclassical Synthesis — grounded on the DSGE model. In this paper, we present a critical discussion of the theoretical, empirical and...