My Experiences with Nonlinear Dynamic Models in Economics
Arnold Zellner
Studies in Nonlinear Dynamics & Econometrics, 2002, vol. 6, issue 2, 18
Abstract:
First, the goals and process of model building, including models for learning from data, explaining the past, predicting as yet unobserved data and making policy decisions are discussed. Then attention is given to the important role of nonlinear, dynamic relations in three of my past and one of my current projects: (1) Evaluation of the world's most famous marine conservation program, (2) Assessing effects on regional growth of proposed dam construction on the Susquehanna River, (3) Consideration of the Federal Reserve-MIT-PENN model of the U.S. economy and (4) Construction and use of the new Marshallian Macroeconomic Model. Last, current work to complete the nonlinear, dynamic Marshallian Macroeconomic Model of an economy is described.
Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)
Downloads: (external link)
https://doi.org/10.2202/1558-3708.1004 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:bpj:sndecm:v:6:y:2002:i:2:n:1
Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/snde/html
DOI: 10.2202/1558-3708.1004
Access Statistics for this article
Studies in Nonlinear Dynamics & Econometrics is currently edited by Bruce Mizrach
More articles in Studies in Nonlinear Dynamics & Econometrics from De Gruyter
Bibliographic data for series maintained by Peter Golla ().