haku: @indexterm MACROECONOMIC MODELS / yhteensä: 204
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| Tekijä: | Fair, R.C. |
| Otsikko: | Testing macroeconometric models. |
| Lehti: | American Economic Review
1993 : MAY, VOL. 83:2, p. 287-293 |
| Asiasana: | MACROECONOMIC MODELS ECONOMETRIC MODELS |
| Kieli: | eng |
| Tiivistelmä: | The author deals with estimation, stochastic simulation and rational expectations. Also single equations and complete models are tested. A common way of analyzing macroeconometric models is to compute "multipliers". Stochastic simulation can be used to examine what a macroeconometric model says about the sources of economic fluctuations, and to examine the optimal choice of monetary-policy instruments. |
SCIMA