eBook - PDF

Macroeconomic Modelling

Name: Macroeconomic Modelling
Author: S.G. Hall,S.G.B. Henry

S.G. Hall,

S.G.B. Henry,

426 pages
English
PDF
Available on iOS & Android

eBook - PDF

Macroeconomic Modelling

S.G. Hall,

S.G.B. Henry,

About this book

This book arose out of research carried out by the authors in the period 1983-1987 whilst at the National Institute of Economic and Social Research. A number of things combined to impart the basic thrust of the research: partly the developments in formulating and estimating rational expectations models, and partly actual developments in the UK economy itself.An application of recent developments in dynamic modelling to a complete macroeconometric model of the UK is presented. Rational expectations modelling, co-integration and disequilibrium modelling are covered. The book also develops computational procedures for obtaining efficient solutions to large-scale models, and illustrates model solutions assuming rational expectations and stochastic simulations. Finally, sections on the analysis of models using optimal control methods illustrate applications of a large-scale econometric model. This section also discusses policy applications, including the derivation of time-consistent policies in the presence of rational expectations, giving quantified illustrations.

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Yes, you can access Macroeconomic Modelling by S.G. Hall,S.G.B. Henry in PDF and/or ePUB format, as well as other popular books in Economics & Macroeconomics. We have over one million books available in our catalogue for you to explore.