A Historical Sketch of Macroeconometrics

The paper describes the evolutionary history of Macroeconometrics over the last one hundred years. Three main approaches are distinguished, their underlying principles are discussed and the weakness of each principle is considered. The paper also shows the current developments in the field and indicates the directions of the research currently undertaken.

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Year of publication:	2014
Authors:	Rahmanov, Ramiz
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Macroeconometrics \| history \| Cowles Commission \| VAR \| VECM \| DSGE

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	B41 - Economic Methodology ; C50 - Econometric Modeling. General ; C6 - Mathematical Methods and Programming ; C60 - Mathematical Methods and Programming. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011108276