Some recent developments in the macroeconometric analysis of time series are discussed in the light of Haavelmo (1944). Experimental design in econometrics is discussed and related to the case of passive observation. The general ideas are illustrated with an analysis of the long-run and...

Some recent developments in the macroeconometric model analysis of time series are discussed in the light of the monograph by Haavelmo (1944). A brief overview of some important works in this area during the last three decades is given, and the importance of the widespread use of personal...