Applied macroeconomics
Favero C.A.
Until the 1970s, there was a consensus in applied macroeconometrics, both regarding the theoretical foundation and the empirical specification of macroeconometric modelling, commonly known as the Cowles Commission approach. This is no longer the case: the Cowles Commission approach broke down in the 1970s, replaced by three prominent competing methods of empirical research: the LSE (London School of Economics) approach, the VAR approach, and the intertemporal optimization/Real Business Cycle approach. This book discusses and illustrates the empirical research strategy of these three alternative approaches by interpreting them as different proposals to solve problems observed in the Cowles Commission approach.
หมวดหมู่:
ปี:
2001
สำนักพิมพ์:
Oxford University Press
ภาษา:
english
จำนวนหน้า:
312
ISBN 10:
0198296851
ISBN 13:
9780198296850
ไฟล์:
PDF, 3.24 MB
IPFS:
,
english, 2001
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