Typo in the problem set: …

Typo in the problem set: In question 11, it says that the real wage is countercyclical in RBC models and procyclical in the data. This is not correct, it should be the other way around. An updated problem set is uploaded.

Published Nov. 20, 2012 3:31 PM - Last modified Apr. 16, 2013 1:24 PM