Dynamic Macroeconomic Theory


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The tasks of macroeconomics are to interpret observations and to predict the consequences of alternatives. General equilibrium models form a context for analysis, and Sargent describes some that are built to help interpret time-series of observations of economic aggregates and to predict the consequences of alternative government interventions.

Dynamic Macroeconomic Theory 1987, Harvard University Press, Cambridge

ISBN-13: 9780674218772