Wieland, Volker; Cwik, Tobias; Müller, Gernot J.; … - House of Finance, Goethe Universität Frankfurt am Main - 2012
In the aftermath of the global financial crisis, the state of macroeconomicmodeling and the use of macroeconomic models in policy analysis has come under heavy criticism. Macroeconomists in academia and policy institutions have been blamed for relying too much on a particular class of...
