haku: @author Wren-Lewis, S. / yhteensä: 10
viite: 6 / 10
| Tekijä: | Wren-Lewis, S. |
| Otsikko: | The macroeconomic effects of fiscal policy: linking an econometric model with theory |
| Lehti: | Economic Journal
1996 : MAY, VOL. 106:436, p. 543-559 |
| Asiasana: | POLICY MODELS THEORIES |
| Kieli: | eng |
| Tiivistelmä: | In this paper the authors outline a method, termed "theoretical deconstruction", which allows the system properties of any econometric macromodel to be related to a simpler theoretical model. Elements of the econometric model which involve significant additional theoretical complexity compared to the theory model are removed. This process continues until the properties of the "deconstructed" econometric model match those of the reference theory. The econometric model is gradually reconstructed. |
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