Synopsis
The digital edition of all books may be viewed on our website before purchase. Excerpt from An Introduction to Applied Macroeconomics (Classic Reprint)
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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.The digital edition of all books may be viewed on our website before purchase.
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An Introduction to Applied Macroeconomics (Classic Reprint)
impression à la demandeVendeur : Forgotten Books, London, Royaume-Uni
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Paperback. Etat : New. Print on Demand. This book presents and describes the construction of a medium-sized quarterly econometric model of the U.S. economy. It is not intended to forecast or estimate the quantitative impact of alternative government policies but aims to convey quantitative ideas about the structure and dynamics of the U.S. economy. The book can be viewed as a status report on the condition of macroeconometric theory and its econometric implementation, an accurate representation of the economy can only be achieved by combining theory with available data. This book offers a self-contained system, treating only logically endogenous variables, which makes it unique as it does not require supplementing with other works to make sense. It illustrates the state of the modeling art and the structure of the economy with minimum necessary complexity, addressing issues of imperfect and ill-suited data and the need for compromises in equation specification. By presenting a model that is not a set of linear equations, the author raises problems of interpretation. It demonstrates that economic behavior is seldom linear and that multipliers are not constant but rather depend on the values of all variables. The author concludes that a non-linear model, while computationally more intensive, provides a more accurate representation of the economy. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781332266166_0
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An Introduction to Applied Macroeconomics Classic Reprint
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
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PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332266166
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An Introduction to Applied Macroeconomics Classic Reprint
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332266166
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EUR 30,62
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Expédition depuis Royaume-Uni vers Etats-Unis
Expédition depuis Royaume-Uni vers Etats-Unis
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