There has been a small flurry of publications by neoclassical economists attempting to fit a pandemic into standard frameworks. This is what to be expected, as neoclassical models are frameworks designed to maximise the amount of publications over time. However, aggregated models are not particularly useful right now. This is true both for neoclassical as well as traditional heterodox macro models. The reason is that they do not offer much insight into either forecasting, nor are they...
Read More »Lars P. Syll — Putting predictions to the test
Proof of uncertainity.Lars P. Syll’s BlogPutting predictions to the testLars P. Syll | Professor, Malmo University
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