Discuss some of the possible features that the simple three equation DSGE model discussed at the end

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Discuss some of the possible features that the simple three equation DSGE model discussed at the end of this chapter is lacking in order to be able to fully explain the events leading up to and including the Global Economic Crisis of 2007–09 and possible policy responses to the crisis.
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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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