Has Macro Progressed?

Ray C. Fair ()
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Ray C. Fair: Cowles Foundation, Yale University, http://cowles.econ.yale.edu/faculty/fair.htm

No 1728, Cowles Foundation Discussion Papers from Cowles Foundation, Yale University

Abstract: There have been a number of recent papers arguing that there has been considerable convergence in macro research and to the good. This paper considers the question whether what has been converged to is good. Has progress been made in understanding how the macro economy works?

Keywords: Macro; process (search for similar items in EconPapers)
JEL-codes: E10 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cba and nep-mac
Date: 2009-09
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