The book gives a detailed account of a contemporary macroeconometric model that is regulary used for policy advising and for forecasting in commerce and industry.
The book gives a detailed account of a contemporary macroeconometric model that is regulary used for policy advising and for forecasting in commerce a...
This book is unique. It gives a clear and systematic account of the economic basis of every equation in a major 100-equation macro model, plus full documentation of parameters and simulation properties. Results are explained in detail with the help of miniature models that capture the important macrodynamics as well as the steady-state properties of the model. Microeconomic underpinnings are stressed throughout. This book will be particularly useful to practitioners of policy economics and forecasting, as well as to upper-level undergraduate and graduate students in economics and...
This book is unique. It gives a clear and systematic account of the economic basis of every equation in a major 100-equation macro model, plus full do...
