Macroeconomic modelling: The Norwegian experience
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Date
1991-02Metadata
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- Discussion Papers [1004]
Abstract
This paper describes the institutional background of Norwegian large scale macroeconometric modelbuilding. Such models were in general subject of harsh criticism during the 1970s. We discuss how modelbuilders in Norway . have responded to this criticism in terms of modelspecification, microfoundations and modeltesting.
Description
Paper presented at the conference on New Approaches to Empirical Research in Macroeconomics, Ebeltoft, Denmark, May 24-27 1990. A somewhat shorter version of this paper will appear in Scandinavian Journal of Economics.
Publisher
Statistisk sentralbyråSeries
Discussion Paper;No. 57Copyright
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