2 Ergebnisse.

This book adds to the works of Solow by showing how his original model can be extended and used for policy, discussing issues in growth econometrics including the theoretical underpinnings of growth models and some of the important challenges in empirical studies on economic growth"--

This book shows that time series methods are useful in developing structural models for policy and forecasting. It aims to show that alternative techniques such as JML and GETS are highly useful. The general to specific methodology, applied in searching for the dynamic lag structure, adequately captures the dynamics of the equations. It also shows that the two widely used time series methods, GETS and JML produce close estimates of cointegrati...