Parsell, Bruce F.; Powell, Alan A.; Wilcoxen, Peter J. - Centre of Policy Studies and Impact Project (COPS), … - 1989
In the aftermath of the rational expectations debate and the onslaught of the New Classical economics,some builders of macroeconometric models have begun to change some of their habits, arguably for the better. In particular,neoclassical discipline is increasingly respected in the formulation of...