New Keynesian Models: Not Yet Useful for Policy Analysis
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Macroeconomists have largely converged on method, model design, reduced-form shocks, and principles of policy advice. Our main disagreements today are about implementing the methodology. Some think New Keynesian models are ready to be used for quarter-to-quarter quantitative policy advice; we do not
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美国国家经济研究局创建时间:
2008-09-01



