Abstract
The purpose of this and the following three chapters is to consider in some detail the construction of modern KK macroeconometric systems. Once a KK system has been constructed it normally goes through a lengthy process of validation and is then put to work in a variety of ways. Validation of KK systems will be dealt with in Part III and their applications in Part IV.
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References and further reading
Bank Of Canada (1976) The Equations of RDX2 Revised and Estimated to 4Q72, Bank of Canada Technical Report 5, Ottawa.
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© 1983 D.W. Challen and A.J. Hagger
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Challen, D.W., Hagger, A.J. (1983). Specification of KK Systems. In: Macroeconometric Systems. Palgrave, London. https://doi.org/10.1007/978-1-349-27931-9_3
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DOI: https://doi.org/10.1007/978-1-349-27931-9_3
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-31084-7
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