A01=Greg Kaplan
Author_Greg Kaplan
budget
Category=JPQB
Category=KCA
Category=KCB
Category=KCBM
Category=KCP
debt
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
federal reserve
fiscal policy
forthcoming
hank model
heterogeneous agent new keynesian
income distribution
inequality
inflation
interest rates
macroeconomics
monetary policy
recession
saving
spending
wealth
Product details
- ISBN 9780393541670
- Dimensions: 152 x 229mm
- Publication Date: 10 Nov 2026
- Publisher: WW Norton & Co
- Publication City/Country: US
- Product Form: Hardback
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Discussions about interest rates, debt or inflation sound mystifying. Much of what we hear about macroeconomics–from politicians, pundits or even professors–bears little resemblance to how economists think about policy and to people’s actual experiences. Macro bridges that gap.
In clear and engaging prose, Chicago economist Greg Kaplan demystifies how our everyday behaviour, including how we spend and save, connects to the biggest questions in fiscal policy. Tracing the evolution of modern macroeconomics from Keynes to today, he guides readers through the models often used to explain our economy, uncovering their flaws and revealing what they tell us about managing the economy in good times and bad. The journey culminates in HANK, a macroeconomic model co-created by Kaplan that is more consistent with reality. Macro offers a timely, new framework for understanding and shaping economics in the real world.
Greg Kaplan is the Alvin H. Baum Professor of Economics at the University of Chicago and a cofounder of the e61 Institute. Originally from Sydney, Australia, he lives in Chicago, Illinois.
