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Macro process 1
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Fair, Ray C. 1
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Cowles Foundation for Research in Economics, Yale University 1
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Has Macro Progressed?
Fair, Ray C. - Cowles Foundation for Research in Economics, Yale University - 2009
There have been a number of recent papers arguing that there has been considerable convergence in macro research and to the good. This paper considers the question whether what has been converged to is good. Has progress been made in understanding how the macro economy works?
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