PJ Glandon on the State of Macroeconomics: Research and Pedagogy
Macro Musings with David Beckworth
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Types of Articles and Data in Macroeconomics Research
The speakers discuss the prevalence of quantitative theory and DSGE models in macroeconomic articles, while empirical articles focus more on micro-type data. They also talk about the increase in panel estimation and the challenges of using firm-level or household-level data. Furthermore, they mention the idea of focusing on basic parameters in DSGE models and incorporating data from narrow situations.
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