ECONOMISTS develop economic models to explain consistently recurring relationships. Their models link one or more economic variables to other economic variables (see “What Are Economic Models,” F&D, ...
Spatial econometrics addresses the challenges posed by spatially correlated data, enabling researchers to understand and quantify how economic phenomena in one location can influence those in ...
Since econometric models have been utilized to generate quantitative forecasts of aggregate economic activity, it is of interest to determine how well the existing models have performed this function.
The Scandinavian Journal of Economics, Vol. 93, No. 2, Proceedings of a Conference on New Approaches to Empirical Macroeconomics (Jun., 1991), pp. 283-314 (32 pages) Macroeconometric models are in ...
Lawrence Klein, the University of Pennsylvania economist who won the 1980 Nobel Prize for his computer-based models that help governments forecast the future and act accordingly, died Sunday at his ...
A study in the International Journal of Critical Infrastructures discusses a financial early warning system based on an ...