As an IBM Fellow, Weinberg spent several years in Italy in the 1970s, developing macroeconomic modeling innovations at the IBM Scientific Center, located in Pisa.
Willem Buiter of the London School of Economics has argued that DSGE models rely excessively on an assumption of complete markets, and are unable to describe the highly nonlinear dynamics of economic fluctuations, making training in 'state-of-the-art' macroeconomic modeling "a privately and socially costly waste of time and resources".
Gross fixed capital formation, a macroeconomic concept used in official national accounts
From 1984 to 1990 he was economic and financial councillor for the New Zealand delegation to the Organisation for Economic Co-operation and Development, eventually becoming director of macroeconomic policy at the New Zealand Treasury in 1990.
According to Olivier Blanchard, the creation of the IMF Economic Review followed the dual motive of filling the gap between macroeconomic theory and practice as well as reviving the IMF Staff Papers, which had become "too inbred" over time, ranking poorly in listings of academic journals.
Induced innovation is a macroeconomic hypothesis first proposed in 1932 by J.R. Hicks in his work The Theory of Wages.
Tinbergen's work on macroeconomic models was later continued by Lawrence Klein, contributing to another Nobel Memorial Prize in Economic Sciences.
At present came back to academia: teaching - macroeconomic analysis at the Faculty of Economics at Vilnius University, performing research on managing of imbalances, global governance reform, EU economic policy and financial markets at the International Business School, at Vilnius University, member of Lithuania's economists association.
The most important output of NIESR has been a macroeconomic model of the UK economy which is used to produce forecasts of the UK economy, published quarterly in the National Institute Economic Review.
The method was further developed by Wynne Godley for use in macroeconomic analysis of national economies.
His work has covered macroeconomic theory and policy, international finance and trade, economic development, and labor markets where his approach is Post Keynesian.
With support from Jiang Zemin and Li Peng, then president and premier respectively, Zhu enacted tough macroeconomic control measures.