𝔖 Scriptorium
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πŸ“

Macroeconometrics: Developments, Tensions, and Prospects

✍ Scribed by Kevin D. Hoover (auth.), Kevin D. Hoover (eds.)


Publisher
Springer Netherlands
Year
1995
Tongue
English
Leaves
574
Series
Recent Economic Thought Series 46
Edition
1
Category
Library

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✦ Synopsis


Each chapter of Macroeconometrics is written by respected econometricians in order to provide useful information and perspectives for those who wish to apply econometrics in macroeconomics. The chapters are all written with clear methodological perspectives, making the virtues and limitations of particular econometric approaches accessible to a general readership familiar with applied macroeconomics. The real tensions in macroeconometrics are revealed by the critical comments from different econometricians, having an alternative perspective, which follow each chapter.

✦ Table of Contents


Front Matter....Pages i-xi
The Problem of Macroeconometrics....Pages 1-12
Front Matter....Pages 13-13
Recent Advances in Solving and Estimating Dynamic, Stochastic Macroeconomic Models....Pages 15-55
The Economics of Var Models....Pages 57-106
Progressive Modeling of Macroeconomic Time Series The LSE Methodology ....Pages 107-180
The Econometrics of the General Equilibrium Approach to Business Cycles....Pages 181-207
Front Matter....Pages 209-209
Causal Orderings....Pages 211-233
On Policy Regimes....Pages 235-261
The Lucas Critique in Practice....Pages 263-324
Rational Expectations and the Economic Consequences of Changes in Regime....Pages 325-349
Historical Macroeconomics and American Macroeconomic History....Pages 351-424
Front Matter....Pages 425-425
Modeling Volatility Dynamics....Pages 427-472
Dynamic Specification and Testing for Unit Roots and Cointegration....Pages 473-516
Nonlinear Models of Economic Fluctuations....Pages 517-567
Back Matter....Pages 569-577

✦ Subjects


Macroeconomics/Monetary Economics; Econometrics; Economic Theory


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