Abstract
This is a rejoinder to the stimulating comments by David Colander, Drucilla Barker and Jeronim Capaldo on my critique of the non-progressive macroeconomic DSGE research paradigm. The three comments expand my arguments and underscore the need for a drastic change in the mainstream approach to macroeconomics.
Original language | English |
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Pages (from-to) | 111-115 |
Number of pages | 5 |
Journal | International Journal of Political Economy |
Volume | 50 |
Issue number | 2 |
DOIs | |
Publication status | Published - 2021 |
Keywords
- CGE models
- empirical fidelity
- macroeconomics
- New Keynesian DSGE models