Testing Macroeconometric Models

by Ray C. Fair

In this book Ray Fair expounds powerful techniques for estimating and analyzing macroeconometric models. He takes advantage of the remarkable decrease in computational costs that has occurred since the early 1980s by implementing such sophisticated techniques as stochastic simulation. Testing Macroeconometric Models also incorporates the assumption of rational expectations in the estimation, solution, and testing of the models. And it presents the...

• Format: Hardcover
• Language: English
• ISBN: 0674333438
• ISBN13: 9780674333437
• Release Date: February 1994
• Publisher: Harvard University Press
• Length: 438 Pages
• Weight: 1.76 lbs.
• Dimensions: 1.0" x 6.1" x 9.2"