Given the uncertainty surrounding the suppression of COVID-19 through vaccination, the possibility of virus mutation, and the extent to which the supply side of the economy has been impacted, what are your recommendations for monetary policy, given the current state of the UK economy and your forecast for 2022-23?
Select a country from the World Penn Tables data (provided on Canvas) and use the Solow, Human Capital, and/or endogenous growth models to help explain what is observed in the data. Are the predictions of the model(s) in line with the observed evidence? Why or why not? What lessons can be learned for policy makers […]