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Macro-Economic Model Building for Ireland. ESRI Memorandum Series No. 14 1962(?)

Leser, C. E. V. (1962) Macro-Economic Model Building for Ireland. ESRI Memorandum Series No. 14 1962(?). [Policy Paper]

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    Macro-models describing the working of a nation's economy have been constructed for a number of countries, differing from each other in the number of variables used, the extent of disaggregation introduced, and the complexity of interrelationships. At one end of the scale there are models consisting of a few equations only, like the one, developed for the Federal Republic of Germany by Gehrig (1963); at the other end, there are very detailed structure like the Social Science Research Council model for the United States of America (Klein, 1964). A new econometric model is not necessarily of general interest merely because it adds a new country to the list of those for which models have been constructed. However, a number of problems arise in model building which have to be answered anew in each context, in the light of the available data and the main purpose for which the model is constructed. It is hoped that the very simple model presented here still offers a few points of general interest.

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    Item Type: Policy Paper
    Subjects for non-EU documents: Countries > Ireland
    EU policies and themes > Policies & related activities > economic and financial affairs > general
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Memorandum Series
    Depositing User: Alyssa McDonald
    Official EU Document: No
    Language: English
    Date Deposited: 07 Jul 2017 12:17
    Number of Pages: 15
    Last Modified: 07 Jul 2017 12:17

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