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SOLVED: Describe the Lucas critique?
PPT - Rational Expectations and the Lucas Critique PowerPoint Presentation - ID:3015325
ECONOMETRIC POLICY EVALUATION: A CRITIQUE Robert E. Lucas, Jr. 1. Introduction The fact that nominal prices and wages tend to ri
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David Perell on Twitter: "The Lucas Critique says that if you follow what's worked in the past too closely, the strategies that once worked will stop working. Here's an example from macroeconomics.
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