Is there a New Consensus in Macroeconomics?

This book aims at addressing the emergence of a 'new consensus in macroeconomics' (NCM), following the end of the 'old consensus' and the 'golden age' period of the late 1960s and early 1970s, and the spur of the 'schools of thought' controversies thereafter.

The book deals not only with the question of whether a consensus has actually emerged, but also elaborates on the many aspects of this new consensus that exercised macroeconomics over the recent past.