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- W2634467032 abstract "Abstract This paper contains an analysis of the dynamic properties of the key equations of the London Business School (LBS) econometric model, a medium-sized one (498 equations) used for forecasting the future of the British Economy and for the analysis of macroeconomic policy options. A great many of the model’s equations are estimated by the econometric techniques of “dynamic econometrics” advocated by D. Hendry et al, (1978). Our paper is by implication critical of the LBS’s use of these techniques, since these equations are shown to have odd structures which permeate the whole of the model’s dynamic behaviour." @default.
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- W2634467032 date "1983-06-01" @default.
- W2634467032 modified "2023-09-26" @default.
- W2634467032 title "On the Dynamics of the LBS Econometric Model" @default.
- W2634467032 cites W2062455076 @default.
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- W2634467032 doi "https://doi.org/10.1016/s1474-6670(17)62463-7" @default.
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