Do They Add Up? Using Macro Counterfactuals to Assess Micro Estimates and Macro Models

Shows how macro counterfactuals test whether micro estimates consistently add up in models.

Econometrics & causal inferenceNone / empiricalPodcast episodeexpertbusiness cycle modelscausal inferenceidentificationmacro counterfactualsmicro macro linkmodel validationValérie Ramey

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• Hoover Institution · 2023-09-30

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