Applied Macroeconometrics - Softcover

Favero, Carlo A.

 
9780198296850: Applied Macroeconometrics
Softcover
ISBN 10: 0198296851 ISBN 13: 9780198296850
Publisher: Oxford University Press, 2001

Synopsis

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.

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About the Author

Carlo Favero is currently Associate Professor of Econometrics at the Bocconi University of Milan. Formerly at the University of Ancona, he is Resident Fellow of the Innocenzo Gasparini Institute for Economic Research and a Fellow of the Centre for Economic Policy Research.

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Publisher
Oxford University Press
Publication date
2001
Language
English
ISBN 10 
0198296851
ISBN 13 
9780198296850
Binding
Paperback
Edition number
1
Number of pages
296

Other Popular Editions of the Same Title

9780198775836: Applied Macroeconometrics

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ISBN 10:  0198775830 ISBN 13:  9780198775836
Publisher: Oxford University Press, 2001
Hardcover