Author: Ray Fair
Publisher: Harvard University Press
Keywords: models, macroeconometric, testing
Number of Pages: 448
Published: 1998-08-19
List price: $72.50
ISBN-10: 0674875036
ISBN-13: 9780674875036

In this book Ray Fair expounds powerful techniques for estimating and analyzing macroeconometric models. He takes advantage of the remarkable decrease in computational costs that has occurred since the early 1980s by implementing such sophisticated techniques as stochastic simulation. Testing Macroeconometric Models also incorporates the assumption of rational expectations in the estimation, solution, and testing of the models. And it presents the latest versions of Fair’s models of the economies of the United States and other countries. After estimating and testing the U.S. model,

Authors:Ronald Bodkin, Lawrence R. Klein, Kanta Marwah,
Publisher: Edward Elgar Pub
Keywords: building, model, macroeconometric, history
Number of Pages: 592
Published: 1991-01
List price: $215.00
ISBN-10: 1852783699
ISBN-13: 9781852783693

Authors:Anthony Garratt, Kevin Lee, M. Hashem Pesaran, Yongch
Publisher: Oxford University Press, USA
Keywords: structural, approach, modelling, macroeconometric, national, global
Number of Pages: 400
Published: 2006-10-05
List price: $125.00
ISBN-10: 0199296855
ISBN-13: 9780199296859

This book provides a comprehensive description of the state-of-the-art in modelling global and national economies. It introduces the long-run structural approach to modelling that can be readily adopted for use in understanding how economies work, and in generating forecasts for decision- and policy-makers. The book contains a thorough description of recent developments in macroeconomics and econometrics.

Author: Giorgio Pauletto
Publisher: Springer
Keywords: computational, advances, economics, models, scale, solution, large, macroeconometric
Number of Pages: 180
Published: 1997-08-31
List price: $159.00
ISBN-10: 0792346564
ISBN-13: 9780792346562

The purpose of this book is to present the available methodologies for the solution of large-scale macroeconometric models. This work reviews classical solution methods and introduces more recent techniques, such as parallel computing and nonstationary iterative algorithms. The development of new and more efficient computational techniques has significantly influenced research and practice in macroeconometric modeling. This volume supplies practitioners and researchers with both a general presentation of numerical solution methods and specific discussions about particular problems en

Authors:Alan A. Powell, Christopher W. Murphy,
Publisher: Springer
Keywords: model, guide, murphy, macroeconometric, modern, inside
Number of Pages: 455
Published: 1997-01-15
List price: $185.00
ISBN-10: 3540631461
ISBN-13: 9783540631460

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 econometrics.