Ecological macroeconomics

a methodological review

Palavras-chave: Ecological macroeconomics, Methodological pluralism, Post-Keynesian macroeconomics.

Resumo

The paper aims to analyse and provide an overview of the emerging ecological macroeconomic approach from a methodological point of view. As with ecological economics, this emerging approach is being constituted by a methodologically plural set of studies. We identify and classify three main macroeconomic strands developed from ecological economic concerns. Firstly, we present the conventional macroeconomic IS-LM model adapted to a sustainable scale of production. Secondly, we discuss a fundamentalist post-Keynesian view on ecological economics that criticises the use of models more heavily. Finally, we describe the attempts to build ecological macroeconomic models based on the post-Keynesian approach. For each model, theories, methods, and assumptions are discussed and evaluated in light of ecological economic foundations. We conclude by reinforcing the role of methodological criticism in the consolidation of relevant ecological macroeconomics.

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Biografia do Autor

Beatriz Macchione Saes, Federal Fluminense University

Postdoctoral Researcher (PNPD-Capes) at the Federal Fluminense University (UFF).

Ademar Ribeiro Romeiro, University of Campinas

Professor, Institute of Economics, University of Campinas. Doctorate in Economics at the University of Paris.

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Publicado
2019-10-08
Como Citar
Saes, B. M., & Romeiro, A. R. (2019). Ecological macroeconomics. Economia E Sociedade, 28(2), 365-392. Recuperado de https://periodicos.sbu.unicamp.br/ojs/index.php/ecos/article/view/8656992
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