| 000 -LEADER |
| fixed length control field |
01346nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
230915b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Buera, F., Kaboski, F.J. and Townsend, R.M. |
| 245 ## - TITLE STATEMENT |
| Title |
From micro to macro development |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
| Place of publication, distribution, etc |
Journal of Economic Literature |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
61(2), Jun, 2023: p.471-503 |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
Macroeconomic development remains an important policy goal because of its ability to lift entire populations out of poverty. In our review of the literature, we emphasize that the best way to achieve this objective is to embrace a synthesis of methods and ideas, with the science of experiments as a unifying feature. Randomized controlled trials need representative data and structural modeling, and macro models need to be designed and disciplined to the realities and data of developing-country economies. Macroeconomic models have key lessons for gathering and analyzing micro evidence and for moving to an evaluation of macro policy. Resource constraints, heterogeneity, general equilibrium effects, obstacles to trade, dynamics, and returns to scale can all play key roles. A synthesis for macro development is well under way.- Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name as entry element |
Synthesis, Macroeconomic development |
| 9 (RLIN) |
43707 |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
Journal of Economic Literature |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
| Subject DIP |
ECONOMIC DEVELOPMENT |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Item type |
Articles |