How to Use this Book

  • Alan A. Powell
  • Christopher W. Murphy
Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 428)


The main purpose of this monograph is to give a detailed account of a modern macroeconometric model. We anticipate that readers will have interests in one or more of the following areas:
  • macroeconomic policy;

  • forecasting aggregate demand and employment, as well as interest and exchange rates, and other conditions in fmancial markets;

  • the influence of contemporary macroeconomic theory on the process of macro modelling of an open economy; and

  • practical issues in the design and construction of an aggregative model for policy analysis and forecasting.


Real Exchange Rate Aggregate Demand Balance Growth Balance Growth Path Macro Model 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer-Verlag Berlin Heidelberg 1995

Authors and Affiliations

  • Alan A. Powell
    • 1
  • Christopher W. Murphy
    • 2
  1. 1.Impact Research CentreMonash UniversityClaytonAustralia
  2. 2.ECONTECHKingstonAustralia

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