Bringing Macroeconomics into the Lab
University of Siena Economics Working Paper No. 374
Posted: 25 Aug 2003
Date Written: December 2002
Abstract
This paper reviews experiments in macroeconomics, pointing out the usefulness and the weaknesses of this approach. A substantially large number of macroeconomic issues has been analyzed in the laboratory, ranging from monetary economics to fiscal policy and international trade to name a few, often finding support to the theory. We also highlight that experimental macroeconomics has also increased the number of tool available to experimentalists.
JEL Classification: C9, E4, E5, E6, F1, H3
Suggested Citation: Suggested Citation
Ricciuti, Roberto, Bringing Macroeconomics into the Lab (December 2002). University of Siena Economics Working Paper No. 374, Available at SSRN: https://ssrn.com/abstract=433762
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