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UNSPECIFIED (1993) ON MACROECONOMIC POLICY AND MACROECONOMETRIC MODELS. ECONOMIC RECORD, 69 (205). pp. 113-130.
Research output not available from this repository, contact author.Abstract
Macroeconometric models provide a formal and quantified framework that is an irreplaceable adjunct to the processes of policy thought This article analyzes some recent developments in model structure and model use and the interactions between them. Two major areas in which recent research has contributed to the ongoing process of model development are considered, namely the 'supply-side' approach to wages and unemployment, and the modelling of the exchange rate- An improved vehicle for macroeconomic policy analysis is an objective of such developments, and some issues surrounding the use of macroeconometric models in policy analysis are discussed
| Item Type: | Journal Article | ||||
|---|---|---|---|---|---|
| Subjects: | H Social Sciences > HC Economic History and Conditions | ||||
| Journal or Publication Title: | ECONOMIC RECORD | ||||
| Publisher: | ECONOMIC SOC OF AUSTRALIA BROWN PRIOR ANDERSON PTY LTD | ||||
| ISSN: | 0013-0249 | ||||
| Official Date: | June 1993 | ||||
| Dates: |
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| Volume: | 69 | ||||
| Number: | 205 | ||||
| Number of Pages: | 18 | ||||
| Page Range: | pp. 113-130 | ||||
| Publication Status: | Published |
Data sourced from Thomson Reuters' Web of Knowledge
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