NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Design Limits and Dynamic Policy Analysis

William A. Brock, Steven N. Durlauf, Giacomo Rondina

NBER Working Paper No. 14357
Issued in September 2008

---- Acknowledgements -----

This research has been supported by National Science Foundation grant SES-0518274 and the University of Wisconsin Vilas Trust and Graduate School. We are thankful to the Editor and to three anonymous referees for their comments and suggestions. We have also benefitted from comments by Lars Hansen, Christopher Sims and Volker Wieland. Nonarit Bisonyabut, Hon Ho Kwok, and Xiangrong Yu have provided excellent research assistance. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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