| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w3990 |
| 来源ID | Working Paper 3990 |
| The Cowles Commission Approach, Real Business Cycle Theories, and New Keynesian Economics | |
| Ray C. Fair | |
| 发表日期 | 1992-02-01 |
| 出版年 | 1992 |
| 语种 | 英语 |
| 摘要 | The Cowles Commission approach is reviewed and compared to the approaches of real business cycle (RBC) theorists and new Keynesian economists. It is argued that RBC models are not tested in a serious enough way and that the new Keynesian literature is not empirical enough for testing even to be a serious possibility. Macroeconomics seems to be moving away from its traditional empirical basis, which is sad. This paper argues for returning to the path that was abandoned by most macroeconomists around 1970, namely the specification and testing of structural macroeconometric models. |
| 主题 | Macroeconomics ; Macroeconomic Models |
| URL | https://www.nber.org/papers/w3990 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/561332 |
| 推荐引用方式 GB/T 7714 | Ray C. Fair. The Cowles Commission Approach, Real Business Cycle Theories, and New Keynesian Economics. 1992. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w3990.pdf（812KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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