Econometric Model Performance : Comparative Simulation Studies of the U.S. Economy / Edwin Burmeister, Lawrence R. Klein.

Format:

Book

Contributor:

Burmeister, Edwin, Editor.

Klein, Lawrence R., Editor.

Series:

Anniversary Collection

Language:

English

Subjects (All):

United States--Economic conditions--Econometric models.

United States.

Physical Description:

1 online resource (410 p.)

Edition:

Reprint 2016

Place of Publication:

Philadelphia : University of Pennsylvania Press, [2016]

Language Note:

In English.

Summary:

Nobel prize-winning economist Lawrence Klein with Edwin Burmeister here give us choice essays on the comparative performance of eleven different models of the American economy.

Contents:

Frontmatter

Contents

Introduction

1. Anticipations Variables in an Econometric Model: Performance of the Anticipations Version of Wharton Mark III

2. An Evaluation of a Short-Run Forecasting Model

3. St. Louis Model Revisited

4. A Monthly Econometric Model of the U.S. Economy

5. Notes on Testing the Predictive Performance of Econometric Models

6. On the Role of Expectations of Price and Technological Change in an Investment Function

7. Some Aspects of Stabilization Policies, the Monetarist Controversy, and the MPS Model

8. The Wharton Model Mark III: A Modern IS-LM Construct

9. The Data Resources Model: Uses, Structure and Analysis of the U.S. Economy

10. Some Multiplier and Error Characteristics of the BE A Quarterly Model

11. The Structure and Properties of the Michigan Quarterly Econometric Model of the U.S. Economy

12. The Wharton Long Term Model: Input-Output Within the Context of a Macro Forecasting Model

13. The Hickman-Coen Annual Growth Model: Structural Characteristics and Policy Responses

14. The Brookings Quarterly Model: As an Aid to Longer Term Economic Policy Analysis

15. Judging the Performance of Econometric Models of the U.S. Economy

16. Asymptotic Theory and Large Models

17. Birth Control in an Econometric Simulation

18. The NBER/NSF Model Comparison Seminar: An Analysis of Results

Notes:

Description based on online resource; title from PDF title page (publisher's Web site, viewed 23. Jul 2020)

Description based on publisher supplied metadata and other sources.

ISBN:

9781512803563

1512803561

OCLC:

979743625