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Testing Macroeconometric Models

Testing Macroeconometric Models

Ray C. Fair
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In this book Ray Fair expounds techniques for estimating and analyzing macroeconometric models. He takes advantage of the remarkable decrease in computational costs that has occurred since the early 1980s by implementing such sophisticated techniques as stochastic simulation. Testing Macroeconometric Models also incorporates the assumption of rational expectations in the estimation, solution, and testing of the models. And it presents the latest versions of Fair's models of the economies of the United States and other countries.
Language
English
Pages
421
Format
Hardcover
Publisher
Harvard University Press
Release
August 19, 1998
ISBN
0674875036
ISBN 13
9780674875036

Testing Macroeconometric Models

Ray C. Fair
0/5 ( ratings)
Read Download
In this book Ray Fair expounds techniques for estimating and analyzing macroeconometric models. He takes advantage of the remarkable decrease in computational costs that has occurred since the early 1980s by implementing such sophisticated techniques as stochastic simulation. Testing Macroeconometric Models also incorporates the assumption of rational expectations in the estimation, solution, and testing of the models. And it presents the latest versions of Fair's models of the economies of the United States and other countries.
Language
English
Pages
421
Format
Hardcover
Publisher
Harvard University Press
Release
August 19, 1998
ISBN
0674875036
ISBN 13
9780674875036

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