English, Article, Journal or magazine article edition: Macroeconomics: A Survey of Laboratory Research John Duffy

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Bookmark: http://trove.nla.gov.au/version/68994
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Macroeconomics: A Survey of Laboratory Research
Author
  • John Duffy
Physical Description
  • preprint
Notes
  • This chapter surveys laboratory experiments addressing macroeconomic phenomena. The first part focuses on experimental tests of the microfoundations of macroeconomic models discussing laboratory studies of intertemporal consumption/​savings decisions, time (in)consistency of preferences and rational expectations. Part two explores coordination problems of interest to macroeconomists and mechanisms for resolving these problems. Part three looks at experiments in specific macroeconomic sectors including monetary economics, labor economics, international economics as well-as large scale, multi-sector models that combine several sectors simultaneously. The final section addresses experimental tests of macroeconomic policy issues.
  • RePEc:pit:wpaper:334
Language
  • English
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