000			01346nam a22001577a 4500
999			_c523627 _d523627
008			230915b ||||| |||| 00| 0 eng d
100			_aBuera, F., Kaboski, F.J. and Townsend, R.M. _943706
245			_aFrom micro to macro development
260			_aJournal of Economic Literature
300			_a61(2), Jun, 2023: p.471-503
520			_aMacroeconomic 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			_aSynthesis, Macroeconomic development _943707
773			_aJournal of Economic Literature
906			_aECONOMIC DEVELOPMENT
942			_cAR