New Econometric Modelling Research

New Econometric Modelling Research

  • William N. Toggins
Publisher:Nova PublishersISBN 13: 9781600215865ISBN 10: 1600215866

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Know about the book -

New Econometric Modelling Research is written by William N. Toggins and published by Nova Publishers. It's available with International Standard Book Number or ISBN identification 1600215866 (ISBN 10) and 9781600215865 (ISBN 13).

Econometric models are used by economists to find standard relationships among aspects of the macroeconomy and use those relationships to predict the effects of certain events (like government policies) on inflation, unemployment, growth, etc... Econometric models generally have a short-run aggregate supply component with fixed prices, and aggregate demand portion, and a potential output component. Two famous econometric models are the Federal Reserve Bank econometric model and the DRI-WEFA model. This book presents new and important research in this field.