Open Roads in Macroeconomics

31 Pages Posted: 21 Apr 2018 Last revised: 25 Oct 2018

See all articles by Nicolas Cachanosky

Nicolas Cachanosky

Metropolitan State University of Denver; American Institute for Economic Research

Date Written: April 4, 2018


An ongoing debate has been going on since the 2008 crisis on the stance of macroeconomic modelling and what changes, if any, should the discipline take. Besides model improvements, the use of DSGE modeling in policy making continued unaltered. This situation has been defended and criticized by different scholars. This paper reviews the stance of the DSGE debate and discusses open roads in macroeconomic theory.

Keywords: Macroeconomic; DSGE; Economic Policy

JEL Classification: E32; E52; E58; B53

Suggested Citation

Cachanosky, Nicolas, Open Roads in Macroeconomics (April 4, 2018). Available at SSRN: or

Nicolas Cachanosky (Contact Author)

Metropolitan State University of Denver ( email )

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American Institute for Economic Research

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