tag:blogger.com,1999:blog-4159906646513306121.post4444020115856459315..comments2023-11-19T20:38:50.237-08:00Comments on Economic Logic: The investment-consumption correlationEconomic Logicianhttp://www.blogger.com/profile/10171296292101248614noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4159906646513306121.post-76249463070765084252011-02-26T07:29:08.650-08:002011-02-26T07:29:08.650-08:00Beaudry and Floden have separately done some work ...Beaudry and Floden have separately done some work on the comovement issue in expectations-driven models, and they think that changing the production technology can move things in the right direction. Certainly seems much more reasonable to me than relying on a fragile theory of aggregate supply.<br /><br />-Chris ReicherAnonymousnoreply@blogger.com