Aggregate structural macroeconomic analysis: a reconsideration and defence
为总量结构宏观经济分析(ASMA)辩护,论证其与社会理论原则一致,是宏观经济研究充分且必要的方法。
Aggregate structural macroeconomic analysis (ASMA) is frequently criticised for being ad hoc and justified (if at all) only as a pragmatic expedient. This paper argues instead that ASMA is consistent with the principles of well-established bodies of social theory. Appeal to these principles reveals that ASMA is adequate and likely even necessary for the successful prosecution of macroeconomic inquiry.