Title

Has Macro Progressed?

Authors

Ray C. Fair

Document Type

Discussion Paper

Publication Date

9-1-2009

CFDP Number

1728

CFDP Update Date

2010-07-01

CFDP Pages

31

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?

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