tag:blogger.com,1999:blog-31671374.post2035796588125120725..comments2023-10-30T07:10:34.610-07:00Comments on Underbelly: More on Macro BooksBucehttp://www.blogger.com/profile/16452321114185736762noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-31671374.post-81022908859073246812012-07-09T06:17:37.613-07:002012-07-09T06:17:37.613-07:00Third edition of Kennedy came out in 2010, per AMZ...Third edition of Kennedy came out in 2010, per AMZN.<br /><br />Mark is an econometrician, not a macroeconomist, by trade. I would be inclined to quibble that econometrics should be part of micro--the work done these days is all about adjusting models for individual variations ("tail risk," as it were).<br /><br />But that would lead me to quibble that the problem remains the strange belief in micro foundations working at a macro level, without macro associations being considered. (It is only if you are a microeconomist in your thinking that you can believe that rent control is not a good thing for both renter and rentee.)Ken Houghtonhttps://www.blogger.com/profile/01440837287933536370noreply@blogger.com