Is There Empirical Support for the 'Modern' View of Macroeconomics?

Ray Fair ()

Yale School of Management Working Papers from Yale School of Management

Abstract: This paper argues that the basic model of the 'modern' view of macroeconomics appears to be a poor approximation of the actual economy.

JEL-codes: E52 E10 (search for similar items in EconPapers)
Date: 2001-06-20
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Persistent link: http://EconPapers.repec.org/RePEc:ysm:somwrk:ysm201

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