£58.79

About as cheap as it gets — within 5% of the all-time low it hit 1 month ago.

£59 today · all-time low £58 (Sep 2026) · usually £59

MIT Press Macroeconomic Modeling: The Cowles Commission Approach

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Last 79 days · 79 data points (no recent data)

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£58.81 £57.48 £57.77 £58.06 £58.35 £58.64 £58.93 25 July 2026 13 August 2026 02 September 2026 21 September 2026 11 October 2026
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Price distribution over 79 days • 2 price levels

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9 days 70 days · current 0 18 35 53 70 £58 £59 Days at Price

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Most common price: £59 (70 days, 88.6%)

Price range: £58 - £59

Price levels: 2 different prices over 79 days

Description
An empirical approach to constructing macroeconomic models. Macroeconomic Modeling presents an empirically-based approach to the construction of macroeconomic models—the Cowles Commission approach—as a response to the backlash that has taken place since the late 1970s to this methodology. The emphasis in the literature has been on tightly specified theoretical models, which lack realism. In this book, Ray Fair develops models to analyze a variety of issues and events in macroeconomics and the U.S economy, and he explains the econometric techniques needed to estimate those models. Many of the results are either contrary to results from the theoretical models or cannot be examined by the theoretical models because they omit many important features of the economy. Fair covers a broad range of topics, including inflation and unemployment; the size of wealth effects; the behavior of the Federal Reserve and its effects on the economy; the effects of fiscal policy; Okun’s law; and contractions and expansions. Macroeconomic Modeling will appeal equally to graduate students and researchers as well as macroeconomic policy makers.

Key Features

New Store Stock

Product Specifications
Brand
MIT Press
Colour
Multicolor
Format
paperback
ASIN
0262549840
Category
Books > Subjects > Business, Finance & Law > Biographies & Histories > Finance & Stock Market History
Domain
Amazon UK
Release Date
21 January 2025
Listed Since
16 May 2024

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