Popular International Macroeconomics and Finance: Theory and Econometric Methods Full
- 6 years ago
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Providing coverage of both ad hoc and optimizing models, this book explores divisions such as flexible price versus sticky price models, rationality versus irrationality, and calibration versus statistical inference. It shows how each approach has its good and bad points. It covers both the calibration method and standard econometric methods.
Providing coverage of both ad hoc and optimizing models, this book explores divisions such as flexible price versus sticky price models, rationality versus irrationality, and calibration versus statistical inference. It shows how each approach has its good and bad points. It covers both the calibration method and standard econometric methods.