Has Macro Progressed?

32 Pages Posted: 28 Sep 2009 Last revised: 19 Jul 2010

See all articles by Ray C. Fair

Ray C. Fair

Yale University - Cowles Foundation; Yale School of Management - International Center for Finance

Multiple version iconThere are 2 versions of this paper

Date Written: July 15, 2010

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?

Keywords: Macro process

JEL Classification: E10

Suggested Citation

Fair, Ray C., Has Macro Progressed? (July 15, 2010). Cowles Foundation Discussion Paper No. 1728, Available at SSRN: https://ssrn.com/abstract=1479665 or http://dx.doi.org/10.2139/ssrn.1479665

Ray C. Fair (Contact Author)

Yale University - Cowles Foundation ( email )

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Yale School of Management - International Center for Finance ( email )

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United States
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HOME PAGE: http://fairmodel.econ.yale.edu