Problems of Building and Estimation of Large Econometric Models
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Published: 1990
Total Pages: 302
ISBN-13:
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Author:
Publisher:
Published: 1990
Total Pages: 302
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Published: 1986
Total Pages: 260
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DOWNLOAD EBOOKAuthor: Władisław Welfe
Publisher:
Published: 1990
Total Pages: 290
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Published: 1990
Total Pages: 0
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Published: 2005
Total Pages: 224
ISBN-13:
DOWNLOAD EBOOKAuthor: Jerzy Romański
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Published: 1978
Total Pages:
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DOWNLOAD EBOOKAuthor: Wojciech Charemza
Publisher:
Published: 1979
Total Pages:
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DOWNLOAD EBOOKAuthor: Władysław Welfe
Publisher:
Published: 1995
Total Pages: 326
ISBN-13: 9788390307459
DOWNLOAD EBOOKAuthor: Jan Bogusław Gajda
Publisher:
Published: 1993
Total Pages: 292
ISBN-13: 9788390146188
DOWNLOAD EBOOKAuthor: Lawrence A. Boland
Publisher: Cambridge University Press
Published: 2014
Total Pages: 297
ISBN-13: 1107032946
DOWNLOAD EBOOKConcern about the role and the limits of modeling has heightened after repeated questions were raised regarding the dependability and suitability of the models that were used in the run-up to the 2008 financial crash. In this book, Lawrence Boland provides an overview of the practices of and the problems faced by model builders to explain the nature of models, the modeling process, and the possibility for and nature of their testing. In a reflective manner, the author raises serious questions about the assumptions and judgments that model builders make in constructing models. In making his case, he examines the traditional microeconomics-macroeconomics separation with regard to how theoretical models are built and used and how they interact, paying particular attention to the use of equilibrium concepts in macroeconomic models and game theory and to the challenges involved in building empirical models, testing models, and using models to test theoretical explanations.