Description
Book SynopsisEconometrics, Macroeconomics and Economic Policy presents eighteen papers by Carl Christ focusing on econometric models, their evaluation and history, and the interactions between monetary and fiscal policy.
Professor Christ’s pioneering contributions to econometrics, monetary and fiscal policies and the government’s budget constraint are thoroughly covered in this volume. Other areas addressed include monetary economics, monetary policy, macroeconomic model building, and the role of the economist in economic policy making. The book also features an original new introduction by the author and a detailed bibliography.
Econometricians and macroeconomists will welcome this outstanding volume in which Professor Christ argues firmly for the importance of testing econometric equations and models against new data, as well as for exploring the impact of the policies of central government.
Trade Review’Reading this collection is like communicating with an aged uncle and in general, whilst one may find the models a little long in the tooth, the insights Christ offers and the way he approaches macroeconomics make this a volume worth looking at more than once.’ -- Geoffrey Williams, The Economic Journal
Table of ContentsContents: Acknowledgements Introduction Part I: The History of Econometrics Part II: Econometrics and its Assessment Part III: The Government Budget Restraint and its Implications Part IV: Monetary Economic and Monetary Policy Part V: Reflections on Economics Modelling and on Economic Policy Index
