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The Role of Economic Theory in Modelling the Long Run

Mohammad Pesaran

Cambridge Working Papers in Economics from Faculty of Economics, University of Cambridge

Abstract: This argues for a closer link between the modelling of the long-run relations in applied economics and the intertemporal equilibrium notion from economic theory.

Keywords: COINTEGRATION; ECONOMIC EQUILIBRIUM (search for similar items in EconPapers)
JEL-codes: C12 C13 C22 C32 (search for similar items in EconPapers)
Pages: 20 pages
Date: 1996
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Citations: View citations in EconPapers (15)

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