What key simplifying assumption allows us to use the labor market block of a DSGE model to

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What key simplifying assumption allows us to use the labor market block of a DSGE model to study the immediate impact of shocks on the economy in that framework?

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Macroeconomics

ISBN: 978-0393603767

4th Edition

Authors: Charles I. Jones

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Question Posted: Nov 19, 2018 11:00 AM

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What key simplifying assumption allows us to use the labor market block of a DSGE model to

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We assume that percapita consum...View the full answer

Macroeconomics

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