A number of macro-econometric models of the U.S. Economy have been constructed for forecasting, short-run or long-run, as well as for guiding the formulation of fiscal and monetary policies.1)Hence, it might be thought that there is no need to construct a small, new model like the one presented here. There does not seem to be models of the U.S. Economy suitable for linking it with the models of Asian developing countries in terms of the size and the sample period. This is the primary reason for presenting this annual macro-econometric model (hereafter abridged as “U.S. Model”) of which the sample period is from 1965 to 1980.
KeywordsEndogenous Variable Final Test Behavioral Equation Macroeconometric Model Personal Computer Software
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