In light of my comments on this post by Scott Sumner who declares victory without having specified anything quantitative at all, and pursuant to a discussion with Tom Brown on this post where I brought up something I have noticed in my efforts to build up a macroeconomic model, I'd like to make a point.
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A challenge to macroeconomists
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In light of my comments on this post by Scott Sumner who declares victory without having specified anything quantitative at all, and pursuant to a discussion with Tom Brown on this post where I brought up something I have noticed in my efforts to build up a macroeconomic model, I'd like to make a point.