£65.63

Oxford University Press Applied Macroeconometrics

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£68.16 £59.18 £61.14 £63.10 £65.06 £67.02 £68.98 23 May 2024 18 October 2024 16 March 2025 12 August 2025 08 January 2026

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Description

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.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
22 March 2001
Listed Since
22 December 2006

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