Wieland, Volker; Cwik, Tobias; Müller, Gernot J.; … - In: Journal of Economic Behavior & Organization 83 (2012) 3, pp. 523-541
In the aftermath of the global financial crisis, the state of macroeconomic modeling 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...
