Simon Wren-Lewis responded to my post on microfoundations in macro, wondering what was wrong with mainly micro-founded macro [is this what his blog name really refers to?] if small ad-hoc interventions helped the model fit the data better.
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Simon Wren Lewis on 'mainly microfounded…
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Simon Wren-Lewis responded to my post on microfoundations in macro, wondering what was wrong with mainly micro-founded macro [is this what his blog name really refers to?] if small ad-hoc interventions helped the model fit the data better.