Modern macroeconomics in practice: how theory is shaping monetary policy

Varadarajan Chari and Patrick Kehoe

Annual Report, 2007, vol. 21, issue May, 6-28

Abstract: Over the last three decades, macroeconomic theory and the practice of macroeconomics by economists have changed significantly?for the better. Macroeconomics is now firmly grounded in the principles of economic theory.

Keywords: Monetary theory; Monetary policy; Macroeconomics (search for similar items in EconPapers)
Date: 2007
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