Why Should We Care About Macroeconomic Puzzles?
Professor Chadha, the Gresham Professor of Commerce, explains why the macroeconomic puzzles that he will be discussing this year are important. To take one example, the flow of capital around the world, he explains how understanding this transit could provide insight into the financial crisis, and also to explain the disparity in development between countries,in his own words "the most important problem facing economics".
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