Why macroeconomics needs experimental evidence

نویسندگان

چکیده

Abstract This paper discusses how macroeconomics can and already has begun to make use of controlled experimental methods address the assumptions predictions macroeconomic models as well evaluate impacts policy interventions. Specific issues addressed include rational expectations alternatives, intertemporal optimization with an application household consumption savings decisions efficacy various monetary policies.

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ژورنال

عنوان ژورنال: The Japanese Economic Review

سال: 2021

ISSN: ['1352-4739', '1468-5876']

DOI: https://doi.org/10.1007/s42973-021-00090-y