Applied Macroeconometrics

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Management number 233657224 Release Date 2026/06/27 List Price $34.87 Model Number 233657224
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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. Read more

ISBN10 0198296851
ISBN13 978-0198296850
Edition 1st
Language English
Publisher Oxford University Press
Dimensions 0.6 x 9.1 x 6.1 inches
Item Weight 15.2 ounces
Print length 296 pages
Publication date March 22, 2001

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