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"Reflections on Macroeconometric Modeling," The B.E. Journal of Macroeconomics, Volume 15, Issue 1, 445-466, 2015.
pdf file,


I have been doing research in macroeconomics since the late 1960s, almost 50 years. In this paper I pause and take stock. The paper is part personal reflections on macroeconometric modeling, part a road map of the techniques of macroeconometric modeling, and part comments on what I think I have learned about how the macroeconomy works from my research in this area.