Global and National Macroeconometric Modelling : A Long-Run Structural Approach

This book provides a comprehensive description of the current state of modelling in global and national economies. It introduces an approach to modelling that can readily be adopted for use in understanding how economies work and in generating forecasts for decision-makers and policy-makers alike. The approach is illustrated with various global and national examples, including a step-by-step description of the development and use of a model of the UK economy.