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Studies in Consumer Demand-Econometric Methods Applied to Market Data
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Jeffrey A Dubin
"Studies in Consumer Demand - Econometric Methods Applied to Market Data" contains eight previously unpublished studies of consumer demand. Each study stands on its own as a complete econometric analysis of demand for a well-defined consumer product. The econometric methods range from simple regression techniques applied in the first four chapters ...
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The Working of Econometric Models
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Michio Morishima, Y Murata, T Nosse
This book reports the results of five empirical studies undertaken in the early seventies by a collaboration headed by Professor Morishima. It deals with applications of the general equilibrium models whose theoretical aspects have been one of Professor Morishima's main interests. Four main econometric models are constructed for the USA, the UK, ...
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Adjustment Policies, Poverty, and Unemployment: The IMMPA Framework
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Pierre-Richard Agenor (Editor), Alejandro Izquierdo (Editor), Henning Tarp Jensen (Editor)
Pierre-Richard Agenor's pioneering work on Integrated Macroeconomics Models for Poverty Analysis (IMMPAs) is cataloged for the first time in this must-read volume. A class of Computable General Equilibrium models, IMMPAs are designed to analyze the impact of adjustment policies on unemployment figures and poverty, particularly in the developing ...
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Global and National Macroeconometric Modelling: A Long-Run Structural Approach
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Anthony Garratt, Kevin Lee, M Hashem Pesaran
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 ...
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Feedback: A New Framework for Macroeconomic Policy
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Professor David A Kendrick
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International Macroeconomics: Theory and Policy
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by
Victor Argy
As the title suggests, a study of international macroeconomics, covers an enormous range of issues. Given such a broad area much of the literature has tended to focus on sub-divisions or has been in the form of edited volumes. In International Macroeconomics: Theory and Policy , Victor Argy has drawn the issues together to present a phenomenal, ...
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Modeling Income Determinants in Embedded Economies: Cross-Section Applications to Us Native American Economies
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Voxi Heinrich Amavilah
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The ABCs of Rbcs: An Introduction to Dynamic Macroeconomic Models
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by
George McCandless
"The ABCs of RBCs" is the first book to provide a basic introduction to Real Business Cycle (RBC) and New-Keynesian models. These models argue that random shocks - new inventions, droughts, and wars, in the case of pure RBC models, and monetary and fiscal policy and international investor risk aversion, in more open interpretations - can trigger ...
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Sociological Appraisal of Macroeconomic Forecasting: Economic Models, Economic Policy and Science Studies
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Robert Evans
Drawing on interviews with the UK government's Panel of Independent Forecasters, the author shows how economic models, forecasts and policy analysis depend crucially upon the judgements of economists.
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The Rational Consumer: Theory and Evidence
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Brazos, Robert Hall
The Rational Consumer brings together eight articles that represent key points in the development of Robert Hall's ideas on consumption over the past two decades.
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Rational Expectations in Macroeconomic Models
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by
Paul Fisher
It is commonly believed that macroeconomic models are not useful for policy analysis because they do not take proper account of agents' expectations. Over the last decade, mainstream macroeconomic models in the UK and elsewhere have taken on board the 'Rational Expectations Revolution' by explicitly incorporating expectations of the future. In ...
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The Econometrics of Demand Systems
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Bengt Assarsson, Anders Hummelmose, Ilkka P Laurila
This book presents an applied econometric analysis of the demand for food in the Nordic countries. A system of demand equations, based on the neoclassical theory of consumer demand, is analyzed using modern econometric techniques for estimation and evaluation. The models investigated are mainly dynamic versions of the Almost Ideal Demand System, ...
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A. W. H. Phillips: Collected Works in Contemporary Perspective
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A W H Phillips, Robert Leeson (Editor)
Virtually all of contemporary macroeconomics is underpinned by a Phillips curve of one variety or another; yet most of this literature displays a curious neglect of the theoretical dynamic stabilisation perspective provided by A. W. H. Phillips. This volume collects for the first time the major work of one of the great economists, integrating ...
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Inside a Modern Macroeconometric Model
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Alan A Powell, Christopher W Murphy
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 ...
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Econometric Analysis of Regional Systems: Explorations in Model Building and Policy Analysis
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Professor Norman J Glickman
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Tax Reform in Disequilibrium Economies
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Serge Wibaut
This book looks at the theory of optimal taxation within a disequilibrium framework. It develops a model which is then tested and used to identify and numerically estimate desirable directions for tax reform in a specific macroeconomic context.
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Market Behaviour and Macroeconomic Modelling
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by
Steven Brakman
This work discusses several developments in the modelling approach to market behaviour in macroeconomic modelling. Leading experts in this field deal with the implications of market imperfections in commodity markets, capital markets and labour markets for macroeconomic modelling and stabilization policy. They demonstrate that incorporating market ...
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Advances in Monetary Policy and Macroeconomics
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Philip Arestis (Editor), Gennaro Zezza (Editor)
There have been important advances in monetary economics and macroeconomics recently. In macroeconomics there has been the paramount development of the New Consensus Macroeconomics along with significant policy implications, thereby giving rise to the notion of New Monetary Policy. This book deals with the key aspects of these developments and ...
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Macroeconometric Modelling
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by
Kenneth Frank Wallis
Jan Tinbergen presented the first macrocoeconometric model of the Dutch economy, to a meeting in The Hague in October 1936. Since that time econometric models of national economies have developed enormously and proliferated worldwide, thanks to improvements in economic data, progress in economic theory and econometric methods, a series of ...
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Fairmodel Student Manual: An Economic Laboratory in Theory, Policy, and Forecasting
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Anthony J Blackburn
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Current Issues in Open Economy Macroeconomics: Paradoxes, Policies, and Problems
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J. L. Ford
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The Estimation of Macroeconomic Disequilibrium Models with Regime Classification Information
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Glenn D. Rudebusch
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Modelling Individual Choice
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by
Stephen Pudney
Most microeconomic texts stress the neo-classical model of smooth optimising behaviour in an environment of constant prices. Most econometric texts stress regression - based on methods implying continuous variation in economic quantities. If one attempts to estimate a model of rational behaviour from data on individuals it is soon apparent that ...
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Inflationary expectations and the natural rate hypothesis
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Mats Persson
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The Budget Deficit and Macroeconomic Performance: A Real-Financial Computable General Equilibrium Model for India
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C W M Naastepad
The problem of reducing budget deficits while maintaining growth and keeping inflation and trade deficit in control has been analyzed in the Indian context using a real financial computable general equilibrium model. This book is intended for postgraduate students of economics, teachers, and researchers of macroeconomics and development economics, ...
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