@policytensor @tedfertik @SecYellen Agreed, of course.
If I understand correctly where DSGE as such tended to create blindspots was to do with financial stability i.e. 2008.
Otherwise, as you say, it is a question of the spec of the Phillips curve.
@SimoneWeil1930 @policytensor @GeoffPMann @Claraleoo @Undercoverhist who you need to ask is @NewLeftEViews
August 16, 2022
@SimoneWeil1930 @policytensor @GeoffPMann @Claraleoo @Undercoverhist who you need to ask is @NewLeftEViews