Video: Computational Challenges in Macroeconomics

"Modern macroeconomic theory has provided many qualitative insights into the functioning of financial and labor markets in our complex modern economies. But determining the quantitative importance of frequently countervailing forces requires much more than the pencil and paper methods used by economic theorists. My talk will describe some new economic ideas brought by economic theory and how efforts to develop computational tools promise to help macroeconomists perform quantitative analyses that can inform policy choices."

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