G.Sanchís, Raul2023-06-202023-06-202012Allsopp, C., Kara, A., and Nelson, E. (2006), "United Kingdom In ation Targeting and the Exchange Rate," Economic Journal, 116, F232-F244. Angeriz, A. and Arestis, P. (2006), "Has in ation targeting had any impact on in ation?" Journal of Post Keynesian Economics, 28, 559-571. Angeriz, A. and Arestis, P. (2007), "Monetary policy in the UK," Cambridge Journal of Economics, 31, 863-884. Arestis, P. and Karakitsos, E. (2010), "Subprime Mortgage Market and Current Financial Crisis," P. Arestis, P. Mooslechner and K. Wagner (eds.), Housing Market Challenges in Europe and the United States, Palgrave Macmillan. Bernanke, B. (2005), "The Global Saving Glut and the US Current Account Decit," The Sandridge Lecture, Virginia Association of Economics, Richmond, Virginia. Carlin, W. and Soskice, D. W. (2006), Macroeconomics: imperfections, institutions, and policies, Oxford University Press, 2005025376. Ghosh, A. and Phillips, S. (1998), "Warning: In ation May Be Harmful to Your Growth," IMF Sta Papers, 45, 672-710. Greenspan, A. (2010), "The Crisis," Working paper, second draft, March 9, 2010. North, D. (1990), "Institutions, Institutional Change and Economic Performance," Cambridge University Press. Woodford, M. (2003), "Interest and Prices: Foundations of a Theory of Monetary Policy," Princeton University Press.https://hdl.handle.net/20.500.14352/49132This paper suggests a theoretical macroeconomic design, which overviews every aspect of current common macroeconomic thought. In order to do it, we start by defining the basic values in which an economy should be based on. Monetary and fiscal policy instruments are subjected to analysis, which relate to what we define as intermediate goals, in contrast with which is apparently taken as the final goals for policymakers. Going beyond, we analyze our target variables for this design, suggesting a new one, which is in line with some wealth targeting measures claimed in some circles. Such target variables would improve the satisfaction of needs and wants by individuals, and contribute to human development, which would offer a feedback to the values in which an economy is supposed to be based on.En este artículo se sugiere un enfoque macroeconómico terico que revisa cada aspecto del pensamiento macroeconómico común en la actualidad. Comenzamos definiendo los principales valores que deben fundamentar cualquier economía. Los instrumentos de política monetaria y fiscal son objeto de análisis y se ligan a lo que definimos como objetivos intermedios, en contraposición con lo que actualmente suele configurar el conjunto de objetivos finales. Analizamos posteriormente nuestras variables objetivo para este enfoque macroeconómico, proponiendo una nueva variable objetivo, que está de acuerdo con algunas medidas de monitorización de la riqueza sugeridas en algunos ámbitos. Dichas variables objetivo contribuirían a la mejora en la satisfacción de las necesidades de los individuos y al desarrollo humano, el cual supondría un efecto retroalimentación en los principales valores que deben sustentar a una economía.engAtribución-NoComercial 3.0 EspañaTrying to escape the Malaise State in the future: A macroeconomic design to hinder another Great Recession which risks the Welfare State.Tratando de escapar al estado del malestar en el futuro: Un diseño macroeconómico para obstaculizar otra gran recesión que ponga en riesgo el estado de bienestartechnical reporthttps://www.ucm.es/icei/working-papersopen accessGreat recessionWealth targetingCrisisSub-prime MortgagesGran recesionMonitorizacion de la riquezaHipotecas sub-primeCrisis económicasFinanzasMercados bursátiles y financierosMacroeconomíaEconomía internacional5307.06 Fluctuaciones Económicas5307.14 Teoría Macroeconómica5310 Economía Internacional