GLOBAL MONETARISM

Kanta Marwah
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Kanta Marwah: Carleton University, Canada

Chapter 30 in Selected Papers of Lawrence R Klein: Theoretical Reflections and Econometric Applications, 1997, pp 545-551 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe name of Colin Clark, as a pioneer in quantitative economics and econometrics, was known to me from the very first studies that I took up in economics, more than 45 years ago. But one of the most impressive comments was in a periodic survey of economic and financial literature sent out by the Federal Reserve Board, where Colin Clark was described as a statistician who did creative work where other, more cautious, professionals feared to tread. I have often thought about that comment whenever I have felt the urge to work on a problem for which there was, of necessity, a weak and obscure data base. I have always aspired to be as creative as Colin Clark in distilling scholarly truths from poor and obscure data…

Keywords: Macroeconomics: Theory; Policy Formation; Reconsiderations; Macroeconometric Models: Methodology; Forecasting; Debate; Prospects; International Economics: Capital Flows; Exchange Rates; Expectations (search for similar items in EconPapers)
JEL-codes: C1 C7 (search for similar items in EconPapers)
Date: 1997
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