Solheim, Haakon O. Aa. - In: Nordic Journal of Political Economy 31 (2005), pp. 3-15
Macroeconometric models have during the last 40 years played an important role as a tool to guide decision making in public as well as private macroeconomic institutions. However, such models have not been much used in academic circles. We argue that macroeconometric models have problems both...