Inside a Modern Macroeconometric Model: A Guide to the Murphy Model

inside a modern macroeconometric model: a guide to the murphy model

more information about Inside a Modern Macroeconometric Model: A Guide to the Murphy Model

Inside a Modern Macroeconometric Model: A Guide to the Murphy Model

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Book Description
This book is unique. It gives a clear and systematic account of the economic basis of every equation in a major 100-equation macro model, plus full documentation of parameters and simulation properties. Results are explained in detail with the help of miniature models that capture the important macrodynamics as well as the steady-state properties of the model. Microeconomic underpinnings are stressed throughout. This book will be particularly useful to practitioners of policy economics and forecasting, as well as to upper-level undergraduate and graduate students in economics and econometrics.

Book Info
Provides a clear systematic account of the economic basis of every equation in a major 100equation macro model, plus full documentation of parameters and simulation properties.

Inside a Modern Macroeconometric Model: A Guide to the Murphy Model,Alan A. Powell,Christopher W. Murphy,Springer,3540631461,Business & Economics,Business / Economics / Finance,Econometric models,Economics - General,Economics - Macroeconomics,Macroeconomics,Mathematical Models In Economics,Science/Mathematics,Business & Economics / Economics / General

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Books Info

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