SEOUL NATIONAL UNIVERSITY · CENTER FOR LAW & ECONOMICS
Center for Law & Economics, Seoul National UniversityCENTER FOR LAW & ECONOMICS
ECONOMICS · RESEARCH RECORD
AmericasMacroeconomics

DP22006 Sustaining the Cowles-Commission Approach to macroeconomic modelling: analytical coherence, unavoidable detail, and the Ray Fair model of the US economy

AT A GLANCE

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This working paper revisits large-scale macroeconometric modelling in the Cowles Commission tradition through Ray Fair's model of the US economy.

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