02890nam 22006133u 450 991077825640332120230617042406.01-280-90472-00-19-152987-71-4356-0994-8(CKB)1000000000480318(EBL)422375(OCoLC)437108483(SSID)ssj0000143077(PQKBManifestationID)11911887(PQKBTitleCode)TC0000143077(PQKBWorkID)10109386(PQKB)11503721(MiAaPQ)EBC422375(EXLCZ)99100000000048031820130418d2005|||| u|| |engtxtccrThe Econometrics of Macroeconomic Modelling[electronic resource]Oxford Oxford University Press, UK20051 online resource (361 p.)Advanced Texts in EconometricsDescription based upon print version of record.0-19-924650-5 Contents; List of Figures; List of Tables; List of Abbreviations; 1 Introduction; 2 Methodological issues of large-scale macromodels; 3 Inflation in open economies: the main-course model; 4 The Phillips curve; 5 Wage bargaining and price-setting; 6 Wage-price dynamics; 7 The New Keynesian Phillips curve; 8 Money and inflation; 9 Transmission channels and model properties; 10 Evaluation of monetary policy rules; 11 Forecasting using econometric models; Appendix; Bibliography; Author Index; Subject IndexMacroeconometric models, in many ways the flagships of the economist's profession in the 1960's, came under increasing attack from both theoretical economist and practitioners in the late 1970's. Critics referred to their lack of microeconomic theoretical foundations, ad hoc models of expectations, lack of identification, neglect of dynamics and non-stationarity, and poor forecasting properties. By the start of the 1990's, the status of macroeconometric models had declined markedly,. and had fallen completely out of, and with, academic economics. Nevertheless, unlike the dinosaurs to which theyAdvanced Texts in EconometricsEconometricsMacroeconomicsMacroeconomicsMathematical modelsEconometricsEconometrics.Macroeconomics.MacroeconomicsMathematical modelsEconometrics339.015195Bårdsen Gunnar146782Eitrheim Oyvind630454Jansen Eilev S.1948-630455Nymoen Ragnar630456AU-PeELAU-PeELAU-PeELBOOK9910778256403321The Econometrics of Macroeconomic Modelling3860345UNINA