Ethan Ilzetzki on the International Implications of Fed Policy, Business Cycle Theory, and the UK Crisis
Macro Musings with David Beckworth
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The Challenge of Macroeconomics Identification
The eternal challenge of macroeconomics identification, right? How do you truly isolate something caused by monetary policy that wasn't itself derivative of some other development in the economy or caused by something else? "So far, we're not smart enough to find a way to tease out the importance of," he says.
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