Ben Moll on the Basics of HANK Models and How They Can Be Applied to Policymaking
Macro Musings with David Beckworth
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Is the Standard Necansia Model a Good Model?
i think one of the drawbacks of the standard necansia model is it narily focuses on that in a temporal channel, right? Ani it lends itself to criticism. But i want to come back to youto, your policy. You this appoint make about the policy implications and and thinking through this in a tractable way. How would you sell this to policy makers as a way to think through their polisy actions? Ye, i mean, rea a, you know, over the pass o years, a a fair amount of this wif we spend afair amount of time within central banks. And so if you're using a rank uthers, like three equations, you
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