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The Future of KK Systems

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Abstract

A modern KK system is a living thing in two distinct senses — one obvious and one not so obvious. It ‘lives’ in the obvious sense that it is never really finished. Respecification and re-estimation are continuous as is revalidation and the search for fresh applications. Moreover, this continuous maintainance and rebuilding is typically carried out within the framework of an established tradition — often largely oral. The membership of the research team changes from year to year but the broad thrust of the work and its methodological foundations remain relatively fixed.

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© 1983 D.W. Challen and A.J. Hagger

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Challen, D.W., Hagger, A.J. (1983). The Future of KK Systems. In: Macroeconometric Systems. Palgrave, London. https://doi.org/10.1007/978-1-349-27931-9_12

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