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
2019
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Online Access: | https://revistas.uan.edu.co/index.php/papeles/article/view/627 |
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author | Moreno Rivas, Álvaro |
author_facet | Moreno Rivas, Álvaro |
author_sort | Moreno Rivas, Álvaro |
collection | OJS |
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 | Digital |
id | revistas.uan.edu.co-article-627 |
institution | Revista PAPELES |
language | spa |
publishDate | 2019 |
publisher | UNIVERSIDAD ANTONIO NARIÑO |
record_format | ojs |
spelling | revistas.uan.edu.co-article-6272021-11-08T01:41:21Z 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. UNIVERSIDAD ANTONIO NARIÑO 2019-02-07 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://revistas.uan.edu.co/index.php/papeles/article/view/627 10.54104/papeles.v10n19.627 Papeles; Vol. 10 No. 19 (2018) Papeles; Vol. 10 Núm. 19 (2018) Papeles; v. 10 n. 19 (2018) 2346-0911 0123-0670 10.54104/papeles.v10n19 spa https://revistas.uan.edu.co/index.php/papeles/article/view/627/537 https://creativecommons.org/licenses/by-nc-sa/4.0 |
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 |
topic_facet | DSGE models undergraduate macroeconomics economic policy modern macroeconomics |
url | https://revistas.uan.edu.co/index.php/papeles/article/view/627 |
work_keys_str_mv | AT morenorivasalvaro shouldthedynamicstochasticgeneralequilibriumdsgemodelbetaughttoundergraduatestudentsofeconomics |