Reading Time: 3 minutesThe goals of understanding stylized facts and accurately predicting the effects of policy have been around for as long as macroeconomics has existed. It’s the tools that have changed. Large and accessible datasets allow, and may require, macroeconomists to evaluate their theories against the data. Advances in macroeconomic theory, meanwhile, show how critical it is [...] Read More... The post Applying Accessibility and Relevancy to Modern Macroeconomic Models appeared first on The Cengage Blog.

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