Abstract/Summary

This Special Issue aims to focus on new developments in macroeconomic modeling and macro-econometric techniques that have been introduced to extend the recent framework of macro-econometrics, itself challenged along various dimensions after the experience with the global financial crisis. Accordingly, this Special Issue collects eight articles that propose theoretical, methodological or empirical contributions to research in macro-econometrics. To nicely put this collection of recent advances into a broader historical perspective, we include as a ninth paper (in fact, opening this issue), a reprinted interview with one of the leading theorists of macroeconomic dynamics and macro-econometricians of his generation. Our Special Issue thus provides, we are confident, a concise but authoritative update on current developments in macro-econometric modeling, estimation and forecasting, which itself is embedded more generally within the context of the aspirations and challenges of the related research agenda over the past half a century or so.