Reflections on Macroeconometric Modeling
CFDP Revision Date
I have been doing research in macroeconomics since the late 1960s, almost 50 years. In this paper I pause and take stock. The paper is part personal reflections on macroeconometric modeling, part a road map of the techniques of macroeconometric modeling, and part comments on what I think I have learned about how the macroeconomy works from my research in this area.
Fair, Ray C., "Reflections on Macroeconometric Modeling" (2013). Cowles Foundation Discussion Papers. 2293.