Some important macro points
列出了基于结构宏观经济模型得出的19个要点,认为DSGE等模型应与这些要点一致,旨在让宏观经济学回归实证基础。
Abstract This paper lists 19 points that follow from results I have obtained using a structural macroeconomic model (SEM). Such models are more closely tied to the aggregate data than are DSGE models, and I argue that DSGE models and similar models should have properties that are consistent with these points. The aim is to try to bring macro back to its empirical roots.