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Applied Macroeconomics Favero Ca

  • SKU: BELL-921346
Applied Macroeconomics Favero Ca
$ 31.00 $ 45.00 (-31%)

4.3

78 reviews

Applied Macroeconomics Favero Ca instant download after payment.

Publisher: Oxford University Press
File Extension: PDF
File size: 3.24 MB
Pages: 312
Author: Favero C.A.
ISBN: 9780198296850, 0198296851
Language: English
Year: 2001

Product desciption

Applied Macroeconomics Favero Ca by Favero C.a. 9780198296850, 0198296851 instant download after payment.

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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