After the 2007–2008 financial crisis, macroeconomic research has put greater emphasis on understanding and integrating the financial system into models of the general economy and shedding light on the ways in which problems in the financial sector can turn into major macroeconomic recessions. In this and other research branches, inspiration from behavioural economics has started playing a more important role in mainstream economic theory.Blanchard et al. (2017), pp. 518–519. Also, heterogeneity among the economic agents, e.g. differences in income, plays an increasing role in recent economic research.
After the 2007–2008 financial crisis, macroeconomic research has put greater emphasis on understanding and integrating the financial system into models of the general economy and shedding light on the ways in which problems in the financial sector can turn into major macroeconomic recessions. In this and other research branches inspiration from behavioural economics has started playing a more important role in mainstream economic theory.Blanchard et al. (2017), pp. 518–519. Also, heterogeneity among the economic agents, e.g. differences in income, plays an increasing role in recent economic research.