Mankiw is about to conclude the updating of his excellent Macroeconomics. It includes a new chapter that introduce to Dynamic Stochastic General Equilibrium Models (DSGE). These models are used in policy making and are at the frontier of Macro-research. If you are a Macro guy, take a close look at it.
As a Corolary, this models are used in a new branch of research called New Dynamic Fiscal Policy.
As a Corolary, this models are used in a new branch of research called New Dynamic Fiscal Policy.
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