The Econometric Analysis of Economic Policy.
The application of econometric analysis to the process of economic policy formulation is considered. A framework is provided by the theory of reduction, specifically reductions where key information losses would invalidate policy. Consequently, model evaluation, t...
| Hauptverfasser: | , , |
|---|---|
| Format: | Journal article |
| Sprache: | English |
| Veröffentlicht: |
Blackwell Publishers
1996
|
| _version_ | 1826298782250172416 |
|---|---|
| author | Banerjee, A Hendry, D Mizon, G |
| author_facet | Banerjee, A Hendry, D Mizon, G |
| author_sort | Banerjee, A |
| collection | OXFORD |
| description | The application of econometric analysis to the process of economic policy formulation is considered. A framework is provided by the theory of reduction, specifically reductions where key information losses would invalidate policy. Consequently, model evaluation, the role of econometric models, forecasting, exogeneity, causality, constancy and invariance, unobservables, seasonality, and data integrability are considered, together with specific policy issues where econometrics can clarify the problems. |
| first_indexed | 2024-03-07T04:52:04Z |
| format | Journal article |
| id | oxford-uuid:d550c937-4bc0-42c9-b631-6ccd2bed5b7c |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T04:52:04Z |
| publishDate | 1996 |
| publisher | Blackwell Publishers |
| record_format | dspace |
| spelling | oxford-uuid:d550c937-4bc0-42c9-b631-6ccd2bed5b7c2022-03-27T08:24:57ZThe Econometric Analysis of Economic Policy.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:d550c937-4bc0-42c9-b631-6ccd2bed5b7cEnglishDepartment of Economics - ePrintsBlackwell Publishers1996Banerjee, AHendry, DMizon, GThe application of econometric analysis to the process of economic policy formulation is considered. A framework is provided by the theory of reduction, specifically reductions where key information losses would invalidate policy. Consequently, model evaluation, the role of econometric models, forecasting, exogeneity, causality, constancy and invariance, unobservables, seasonality, and data integrability are considered, together with specific policy issues where econometrics can clarify the problems. |
| spellingShingle | Banerjee, A Hendry, D Mizon, G The Econometric Analysis of Economic Policy. |
| title | The Econometric Analysis of Economic Policy. |
| title_full | The Econometric Analysis of Economic Policy. |
| title_fullStr | The Econometric Analysis of Economic Policy. |
| title_full_unstemmed | The Econometric Analysis of Economic Policy. |
| title_short | The Econometric Analysis of Economic Policy. |
| title_sort | econometric analysis of economic policy |
| work_keys_str_mv | AT banerjeea theeconometricanalysisofeconomicpolicy AT hendryd theeconometricanalysisofeconomicpolicy AT mizong theeconometricanalysisofeconomicpolicy AT banerjeea econometricanalysisofeconomicpolicy AT hendryd econometricanalysisofeconomicpolicy AT mizong econometricanalysisofeconomicpolicy |