An Econometric Model of the US Economy: Structural Analysis in 56 Equations – eBook PDF This ebook An Econometric Model of the US Economy: Structural Analysis in 56 Equations (PDF) explores the US economy from 1960 to 2010 using a more Keynesian, Cowles model approach, which the author argues has substantial advantages over the vector autoregression (VAR) and dynamic stochastic general equilibrium (DSGE) models used almost exclusively today. Heim presents a robust argument in favor of the Cowles model as an answer to the pressing, unresolved methodological question of how to accurately model the macroeconomy so that policymakers can reliably...
An Econometric Model of the US Economy: Structural Analysis in 56 Equations – PDF
