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来源类型Working Paper
规范类型报告
DOI10.3386/w29628
来源IDWorking Paper 29628
Macroeconomic Research, Present and Past
Philip J. Glandon; Kenneth Kuttner; Sandeep Mazumder; Caleb Stroup
发表日期2022-01-10
出版年2022
语种英语
摘要How is macroeconomic research conducted and what is it trying to accomplish? We explore these questions using information gleaned from 1,894 articles published in ten leading journals. We find that over the past 40 years there has been a growing emphasis on increasingly sophisticated quantitative theory, such as DSGE modeling, and papers employing these methods now account for the majority of articles in macro journals. The shift towards quantitative theory is mirrored by a decline in the use of econometric methods to test economic hypotheses. Econometric techniques borrowed from applied microeconomics have to a large extent displaced time series methods, and empirical papers increasingly rely on micro and proprietary data sources. Market imperfections are pervasive, and the amount of research involving financial frictions has increased significantly in the past ten years. The frequency with which non-macro JEL codes appear in macro articles indicates a great deal of overlap between macroeconomics and other fields.
主题Other ; General, Teaching ; History of Economic Thought ; Macroeconomics
URLhttps://www.nber.org/papers/w29628
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/587301
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GB/T 7714
Philip J. Glandon,Kenneth Kuttner,Sandeep Mazumder,et al. Macroeconomic Research, Present and Past. 2022.
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