© 2013

Macroeconometric Models


Part of the Advanced Studies in Theoretical and Applied Econometrics book series (ASTA, volume 47)

Table of contents

  1. Front Matter
    Pages I-XXVII
  2. The History in Outline

    1. Front Matter
      Pages 1-1
    2. Władysław Welfe
      Pages 3-7
    3. Władysław Welfe
      Pages 9-13
    4. Władysław Welfe
      Pages 63-73
    5. Władysław Welfe
      Pages 75-84
    6. Władysław Welfe
      Pages 85-99
    7. Władysław Welfe
      Pages 101-121
    8. Władysław Welfe
      Pages 241-273
    9. Władysław Welfe
      Pages 275-278
  3. The Structure of Macroeconometric Models

    1. Front Matter
      Pages 279-279
    2. Władysław Welfe
      Pages 281-283
    3. Władysław Welfe
      Pages 285-302
    4. Władysław Welfe
      Pages 303-314
    5. Władysław Welfe
      Pages 315-346

About this book


This book gives a comprehensive description of macroeconometric modeling and its development over time. The first part depicts the history of macroeconometric model building, starting with Jan Tinbergen's and Lawrence R. Klein's contributions. It is unique in summarizing the development and specific structure of macroeconometric models built in North America, Europe, and various other parts of the world. The work thus offers an extensive source for researchers in the field. The second part of the book covers the systematic characteristics of macroeconometric models. It includes the household and enterprise sectors, disequilibria, financial flows, and money market sectors.


Applied Econometrics Forecasts and Policy Simulations Macroeconometrics Macroeconomics Structure of Macromodels

Authors and affiliations

  1. 1.Institute of EconometricsUniversity of LodzLodzPoland

Bibliographic information

Industry Sectors
Finance, Business & Banking


“The book gives a comprehensive survey of the history of macro-econometric modelling (Part 1) and of the development of econometric models over time (Part 2). It is well written and clearly arranged and will certainly become an important reference for economists.” (Peter Hackl, Statistical Papers, Vol. 56, 2015)