The rebuilding macroeconomic theory project: an analytical assessment

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Behavioral & Experimental Macroeconomics and Policy Analysis: A Complex Systems Approach (2018, background): “Based on questionaires and two conferences, Vines & Wills (2018) conclude that four main changes to the core model in macro are recommended: (i) to emphasize financial frictions, (ii) to place a limit on the operation of rational expectations, (iii) to include heterogeneous agents, and (iv) to…”
Economic Forecasting with an Agent-Based Model (2020, methodology): “The limits of the DSGE approach at the core of the New Neoclassical Synthesis have been discussed in detail, for example, in (Vines and Wills, 2018).”