Statistical Issues in Macroeconomic Modelling

Jansen, Eilev S.

dc.contributor.author	Jansen, Eilev S.
dc.date.accessioned	2018-06-05T12:19:02Z
dc.date.available	2018-06-05T12:19:02Z
dc.date.issued	2000
dc.identifier.isbn	82-7553-160-8
dc.identifier.issn	0801-2504
dc.identifier.uri	http://hdl.handle.net/11250/2500396
dc.description.abstract	The paper describes the influx of mathematical statistics in economics. It focuses on an approach to macroeconometric modelling which is based on fundamental statistical concepts like the joint distribution function of all observable variables for the whole sample period. The methodology relies on valid conditioning and marginalisation of this function in order to arrive at tractable subsystems, which can be analysed with statistical methods. Two case studies - the modelling of the household sector and the modelling of wages and prices in the Norges Bank RIMINI model - highlight this.	nb_NO
dc.language.iso	eng	nb_NO
dc.publisher	Norges Bank	nb_NO
dc.relation.ispartofseries	Working Papers;12/2000
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/deed.no	*
dc.subject	JEL: B23	nb_NO
dc.subject	JEL: C50	nb_NO
dc.subject	JEL: C51	nb_NO
dc.subject	JEL: C52	nb_NO
dc.subject	JEL: C53	nb_NO
dc.subject	JEL: E21	nb_NO
dc.subject	JEL: E31	nb_NO
dc.subject	JEL: E37	nb_NO
dc.subject	RIMINI model	nb_NO
dc.subject	Norges Bank	nb_NO
dc.subject	Haavelmo distribution	nb_NO
dc.subject	macroeconometric modelling	nb_NO
dc.subject	role of statistics	nb_NO
dc.subject	sequential conditioning and marginalisation	nb_NO
dc.subject	dynamic modelling	nb_NO
dc.subject	aggregate consumption	nb_NO
dc.subject	wages and prices	nb_NO
dc.subject	testing of rival models	nb_NO
dc.title	Statistical Issues in Macroeconomic Modelling	nb_NO
dc.type	Working paper	nb_NO
dc.description.version	publishedVersion	nb_NO
dc.subject.nsi	VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212	nb_NO
dc.source.pagenumber	28	nb_NO