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Persistent link: https://www.econbiz.de/10000941677
Renewed interest in fiscal policy has increased the use of quantitative models to evaluate policy. Because of modeling uncertainty, it is essential that policy evaluations be robust to alternative assumptions. We find that models currently being used in practice to evaluate fiscal policy...
Persistent link: https://www.econbiz.de/10010303715
In this paper we investigate the comparative properties of empirically-estimated monetary models of the U.S. economy …
Persistent link: https://www.econbiz.de/10010303733