000			01410nam a22002057a 4500
005			20180522134906.0
008			180522b xxu||||| |||| 00| 0 eng d
020			_a9780198296850
028			_aAtlantic Publishers & Distributors (P)Ltd. _b;7/22,Ansari Road ,Darya Ganj,New Delhi-110002 _c;1076097 _d;09/05/2018
082			_a339 FAV
100			_aCarlo A Favero
245			_aApplied macroeconometrics _c/Carlo A Favero
260			_aOxford ; New York _b: Oxford University Press _c, 2001.
300			_axi, 282 pages _b: illustrations _c; 25 cm
520			_aUntil the 1970s, there was a consensus in applied macroeconometrics, both regarding the theoretical foundation and the empirical specification of macroeconometric modelling, commonly known as the Cowles Commission approach. This is no longer the case: the Cowles Commission approach broke down in the 1970s, replaced by three prominent competing methods of empirical research: the LSE (London School of Economics) approach, the VAR approach, and the intertemporal optimization/Real Business Cycle approach. This book discusses and illustrates the empirical research strategy of these three alternative approaches by interpreting them as different proposals to solve problems observed in the Cowles Commission approach."--Jacket.
650			_aMacroeconomics--Methodology
655			_aEconometrics
700			_aCarlo A Favero
942			_cBOOK
999			_c49396 _d49396