Economics, Econometrics And The Link

Economics, Econometrics And The Link

by M J Dutta
     
 

Economics, Econometrics and The LINK is a collection of scholarly contributions by leading scholars from the U.S., Europe, and Asia dealing with issues of economics and econometrics. The book contains a learned and erudite exposition of macroeconomics and macroeconomic modeling including national, sectoral, issues exchange rate, environment, internationalSee more details below

Overview

Economics, Econometrics and The LINK is a collection of scholarly contributions by leading scholars from the U.S., Europe, and Asia dealing with issues of economics and econometrics. The book contains a learned and erudite exposition of macroeconomics and macroeconomic modeling including national, sectoral, issues exchange rate, environment, international price competitiveness and international linkages. It presents a comprehensive perspective of econometric modeling - country-specific, sector-specific and issue-specific. The volume is a tribute to the work of Lawrence R. Klein from all his friends who share a common agenda, viz. to relate the study of economics to the studies of mankind.

Product Details

ISBN-13:
9780444817877
Publisher:
Emerald Group Publishing
Publication date:
01/01/1995
Series:
Contributions to Economic Analysis
Pages:
608
Product dimensions:
6.14(w) x 9.21(h) x 1.31(d)

Table of Contents

Preface
The Works of Lawrence R. Klein
Who Innovated the Keynesian Revolution?3
On the Chronology of the General Theory21
Rereading the 'Keynesian Revolution'35
The Discussion among Future Nobel Laureates Becker, Friedman, and Klein, on Macro Models and Consumption Functions, in 1957 and 195845
Macroeconomics - Supra-national Macroeconomic Core59
An Asymptotic Approximation to the Probability Density Function of the Durbin Watson Test Statistic75
Stochastic Prediction in Dynamic Nonlinear Systems: Econometric Forecasting Applications in Models for Developing Economies87
On the Distribution of Horse Qualities at Racetracks: An Analysis of Cournot-Nash Equilibria103
On Asymmetry in Economic Time Series119
An Open Economy Analysis of the Dynamic Properties of the Michigan Quarterly Econometric Model of the U.S. Economy129
Demand Management, Real Wage Rigidity, and Unemployment159
Macroeconometrics and Growth in the Global Economy189
Structural Versus VAR Modeling: An Empirical Comparison with a Small Model of the United States207
Manufacturing Industry and Balance of Payments Adjustment: The United Kingdom Case229
The J-curve and the Indian Trade Balance: A Quantitative Perspective253
Models of Exchange Rate Behavior: Application to the Yen and the Mark277
Exchange Rate Unions Versus Flexible Exchange Rates: An Empirical Investigation305
Japan's Macroeconomic Policy and Japan-US Economic Relations During the Eighties327
Comparative Country Performance at Own-Prices or Common International Prices345
On the Determinants of Price Competitiveness in the World Market: A Comparative Analysis of the United States, Japan and West Germany363
An East Asian Model of Price and Variety Competition369
Modeling the Household Economy397
Econometrics and Environmental Policy Analysis419
Modeling Inventory Investment and Profits in A Macro-econometric Model441
Actual and "Normal" Inventories of Finished Goods: Qualitative and Quantitative Evidence from the Italian Manufacturing Sector451
The Flow-of-Funds Equations of Japanese Banks469
Modeling Transition from the Centrally Planned Economies to the Market Economies: A Case Study of Poland495
An Analysis of the Effects of Economic Policies on Taiwan's Economic Growth and Stability519
China's Macroeconometric Model for Project Link543
Author Index565
Subject Index571

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