宏觀經濟政策評價問題(PDF 6頁)
宏觀經濟政策評價問題(PDF 6頁)內容簡介
Abstract
Macroeconomic policy is often evaluated solely on the basis of empirical evidences, such as the
behavior of macroaggregates. This paper argues that this approach is too shortcoming: many
unobservable values are often as important as the observable ones, and may not be correlated with
the observable ones. Thus the sole exploration of macroaggregates is not sufficient to evaluate the
macroeconomic policy—the axiomatic economic theory must be used as well.
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Macroeconomic policy is often evaluated solely on the basis of empirical evidences, such as the
behavior of macroaggregates. This paper argues that this approach is too shortcoming: many
unobservable values are often as important as the observable ones, and may not be correlated with
the observable ones. Thus the sole exploration of macroaggregates is not sufficient to evaluate the
macroeconomic policy—the axiomatic economic theory must be used as well.
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