How the Lucas Critique Impacts the Rotemberg Economic Model
#macroeconometrics #dynamicstochasticmodels #newkeynesianeconomics #stochasticequilibrium #dsgemodel #bifurcationanalysis #thelucascritique #rotembergeconomicmodel
https://hackernoon.com/how-the-lucas-critique-impacts-the-rotemberg-economic-model
#macroeconometrics #dynamicstochasticmodels #newkeynesianeconomics #stochasticequilibrium #dsgemodel #bifurcationanalysis #thelucascritique #rotembergeconomicmodel
https://hackernoon.com/how-the-lucas-critique-impacts-the-rotemberg-economic-model
Hackernoon
How the Lucas Critique Impacts the Rotemberg Economic Model
Learn how the Lucas Critique impacts the Rotemberg model and what real-world frictions mean for economic predictions and output.