Abstract
Our aim in Chapters 26 and 27 is to integrate Parts 1 and 2 of this book. Thus the paradigms outlined in Chapter 3 should come to life by tracing the operation of MM’s structural-form equations as they generate the economy’s responses to monetary and fiscal shocks.
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© 1997 Springer-Verlag Berlin Heidelberg
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Powell, A.A., Murphy, C.W. (1997). Introduction to the Simulations. In: Inside a Modern Macroeconometric Model. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-59069-6_25
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DOI: https://doi.org/10.1007/978-3-642-59069-6_25
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-63836-7
Online ISBN: 978-3-642-59069-6
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