Name: Applied Macroeconometrics
SKU: 19039437
Price: 9379.00 TWD
Availability: InStock
Author: Carlo A. Favero
ISBN: 9780198775836

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Type

Physical Book

Publisher

Oxford University Press

Author

Carlo A. Favero

Year

2001

Language

English

Pages

296

Format

Hardcover

ISBN

0198775830

ISBN13

9780198775836

Edition No.

Synopsis "Applied Macroeconometrics "

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.

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Applied Macroeconometrics - Carlo A. Favero

Synopsis "Applied Macroeconometrics "

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