
Antonio Fatás on Hysteresis and the Business Cycle
Macro Musings with David Beckworth
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The Endogenous Growth Theory
Olivier Blanche: As an American, we tend to be very inward looking. He says the last decade has been a humbling experience for many macroeconomists. But there's no workhorse model of endogenous growth that produces a standard way to think about US or any other country., he adds.
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