Should the Dynamic Stochastic General Equilibrium (DSGE) Model be taught to Undergraduate Students of Economics?
In this article we present the consequences of introducing the advanced teaching of the DSGE (Dynamic Stochastic General Equilibrium) models to undergraduate economics programs. This monoculture leads to the deepening of the discipline insularity, to the disappearance of the paradigmatic plurality i...
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Universidad Antonio Nariño
2021
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author | Moreno Rivas, Álvaro |
author_facet | Moreno Rivas, Álvaro |
author_sort | Moreno Rivas, Álvaro |
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description | In this article we present the consequences of introducing the advanced teaching of the DSGE (Dynamic Stochastic General Equilibrium) models to undergraduate economics programs. This monoculture leads to the deepening of the discipline insularity, to the disappearance of the paradigmatic plurality inside the economics departments and to the silencing of critical voices. This process obeys Gresham’s Law of ideas: bad models displace good ideas. |
format | info:eu-repo/semantics/publishedVersion |
id | repositorio.uan.edu.co-123456789-5449 |
institution | Repositorio Digital UAN |
language | spa |
publishDate | 2021 |
publisher | Universidad Antonio Nariño |
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spelling | repositorio.uan.edu.co-123456789-54492024-10-09T23:26:28Z Should the Dynamic Stochastic General Equilibrium (DSGE) Model be taught to Undergraduate Students of Economics? Moreno Rivas, Álvaro DSGE models undergraduate macroeconomics economic policy modern macroeconomics In this article we present the consequences of introducing the advanced teaching of the DSGE (Dynamic Stochastic General Equilibrium) models to undergraduate economics programs. This monoculture leads to the deepening of the discipline insularity, to the disappearance of the paradigmatic plurality inside the economics departments and to the silencing of critical voices. This process obeys Gresham’s Law of ideas: bad models displace good ideas. 2021-11-10T00:52:59Z 2021-11-10T00:52:59Z 2019-02-07 info:eu-repo/semantics/publishedVersion http://purl.org/coar/resource_type/c_6501 info:eu-repo/semantics/article http://purl.org/coar/version/c_970fb48d4fbd8a85 http://revistas.uan.edu.co/index.php/papeles/article/view/627 10.54104/papeles.v10n19.627 http://repositorio.uan.edu.co/handle/123456789/5449 spa http://revistas.uan.edu.co/index.php/papeles/article/view/627/537 Acceso abierto Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) https://creativecommons.org/licenses/by-nc-sa/4.0/ info:eu-repo/semantics/openAccess http://purl.org/coar/access_right/c_abf2 application/pdf Universidad Antonio Nariño 2346-0911 0123-0670 10.54104/papeles.v10n19 PAPELES; Vol. 10 No. 19 (2018) PAPELES; Vol. 10 Núm. 19 (2018) |
spellingShingle | DSGE models undergraduate macroeconomics economic policy modern macroeconomics Moreno Rivas, Álvaro Should the Dynamic Stochastic General Equilibrium (DSGE) Model be taught to Undergraduate Students of Economics? |
title | Should the Dynamic Stochastic General Equilibrium (DSGE) Model be taught to Undergraduate Students of Economics? |
title_full | Should the Dynamic Stochastic General Equilibrium (DSGE) Model be taught to Undergraduate Students of Economics? |
title_fullStr | Should the Dynamic Stochastic General Equilibrium (DSGE) Model be taught to Undergraduate Students of Economics? |
title_full_unstemmed | Should the Dynamic Stochastic General Equilibrium (DSGE) Model be taught to Undergraduate Students of Economics? |
title_short | Should the Dynamic Stochastic General Equilibrium (DSGE) Model be taught to Undergraduate Students of Economics? |
title_sort | should the dynamic stochastic general equilibrium dsge model be taught to undergraduate students of economics |
topic | DSGE models undergraduate macroeconomics economic policy modern macroeconomics |
url | http://revistas.uan.edu.co/index.php/papeles/article/view/627 http://repositorio.uan.edu.co/handle/123456789/5449 |
work_keys_str_mv | AT morenorivasalvaro shouldthedynamicstochasticgeneralequilibriumdsgemodelbetaughttoundergraduatestudentsofeconomics |