Abstract
The task of modeling national economies has received much attention and considerable progress has been made. Large scale econometric models are used to make econometric forecasts, help explain the dynamic behavior of the economy and to aid economic policy decisionmaking. We examine each of these topics in this chapter.
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© 1984 Springer Science+Business Media New York
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Fomby, T.B., Johnson, S.R., Hill, R.C. (1984). Properties of Dynamic Simultaneous Equations Models. In: Advanced Econometric Methods. Springer, New York, NY. https://doi.org/10.1007/978-1-4419-8746-4_24
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DOI: https://doi.org/10.1007/978-1-4419-8746-4_24
Publisher Name: Springer, New York, NY
Print ISBN: 978-0-387-96868-1
Online ISBN: 978-1-4419-8746-4
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