國立高雄大學圖資館 |

語系: 繁體中文

說明(常見問題)

圖資館首頁

登入

回首頁 到查詢結果 [ author_sort:"heim, john j." ]

切換: 標籤 | MARC模式 | ISBD

An econometric model of the US econo...

Heim, John J.

An econometric model of the US economystructural analysis in 56 equations /

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	An econometric model of the US economyby John J. Heim.
其他題名:	structural analysis in 56 equations /
作者:	Heim, John J.
出版者:	Cham :Springer International Publishing :2017.
面頁冊數:	xxx, 460 p. :ill., digital ;21 cm.
Contained By:	Springer eBooks
標題:	Econometrics.
標題:	United States
電子資源:	http://dx.doi.org/10.1007/978-3-319-50681-4
ISBN:	9783319506814$q(electronic bk.)

An econometric model of the US economystructural analysis in 56 equations /
Heim, John J.

An econometric model of the US economystructural analysis in 56 equations /[electronic resource] :by John J. Heim. - Cham :Springer International Publishing :2017. - xxx, 460 p. :ill., digital ;21 cm.

1. Introduction to Part 1 (Production of the GDP) -- 2. Methodology -- 3. Literature Review -- 4. The Consumption Models -- 5. Models Indicating Determinants of Investment Spending and Borrowing -- 6. The Exports Demand Equation -- 7. Statistically Estimated Real GDP Determination Functions ("IS" Curves) -- 8. Real GDP Determination Functions ("IS" Curves) Aggregated from Estimates Obtained by Statistically Estimating the Subcomponent Functions Comprising the GDP -- 9. Determinants of the Prime Interest Rate: Taylor Rule Method -- 10. Determinants of the Prime Interest Rate: LM Curve Method -- 11. Determinants of Inflation: The Phillips Curve Model -- 12. Determinants of Unemployment -- 13. The Savings Functions -- 14. Determinants of Government Receipts -- 15. Edogeneity of Government Spending -- 16. Capacity of the Model to Explain Behavior of the Macroeconomy in the Years beyond the Period Used to Estimate the Model -- 17. Converting the Older Keynsian IS-LM Model to the More Modern AS-AD Interpretation of the Kenysian Model -- 18. Dynamics -- 19. Summary and Conclusions (Production Side of the NIPA Accounts) -- 20. Part II: Determinants of Factor Shares (Income Side of the NIPA Accounts)

This book explores the US economy from 1960 to 2010 using a more Keynsian, Cowles model approach, which the author argues has substantial advantages over the vector autoregression (VAR) and dynamic stochastic general equilibrium (DSGE) models used almost exclusively today. Heim presents a robust argument in favor of the Cowles model as an answer to the pressing, unresolved methodological question of how to accurately model the macroeconomy so that policymakers can reliably use these models to assist their decision making. Thirty-eight behavioral equations, describing determinants of variables such as consumption, taxes, and government spending, are connected by eighteen identities to construct a comprehensive model of the real US economy that Heim then tests across four different time periods to ensure that results are consistent. This comprehensive demonstration of the value of a long-ignored model provides overwhelming evidence that the more Keynesian (Cowles) structural models outperform VAR and DSGE, and therefore should be the models of choice in future macroeconomic studies.

ISBN: 9783319506814$q(electronic bk.)

Standard No.: 10.1007/978-3-319-50681-4doiSubjects--Topical Terms:

182271
Econometrics.
Subjects--Geographical Terms:

236377
United States

LC Class. No.: HC103 / .H44 2017

Dewey Class. No.: 330.973

An econometric model of the US economystructural analysis in 56 equations /
LDR:03266nmm a2200313 a 4500 001 525693
003 DE-He213
005 20171206081745.0
006 m d
007 cr nn 008maaau
008 180918s2017 gw s 0 eng d
020 $a 9783319506814$q(electronic bk.)
020 $a 9783319506807$q(paper)
024 7 $a 10.1007/978-3-319-50681-4 $2 doi
035 $a 978-3-319-50681-4
040 $a GP $c GP
041 0 $a eng
050 4 $a HC103 $b .H44 2017
072 7 $a KCH $2 bicssc
072 7 $a BUS021000 $2 bisacsh
082 0 4 $a 330.973 $2 23
090 $a HC103 $b .H467 2017
100 1 $a Heim, John J. $3 772017
245 1 3 $a An econometric model of the US economy $h [electronic resource] : $b structural analysis in 56 equations / $c by John J. Heim.
260 $a Cham : $b Springer International Publishing : $b Imprint: Palgrave Macmillan, $c 2017.
300 $a xxx, 460 p. : $b ill., digital ; $c 21 cm.
505 0 $a 1. Introduction to Part 1 (Production of the GDP) -- 2. Methodology -- 3. Literature Review -- 4. The Consumption Models -- 5. Models Indicating Determinants of Investment Spending and Borrowing -- 6. The Exports Demand Equation -- 7. Statistically Estimated Real GDP Determination Functions ("IS" Curves) -- 8. Real GDP Determination Functions ("IS" Curves) Aggregated from Estimates Obtained by Statistically Estimating the Subcomponent Functions Comprising the GDP -- 9. Determinants of the Prime Interest Rate: Taylor Rule Method -- 10. Determinants of the Prime Interest Rate: LM Curve Method -- 11. Determinants of Inflation: The Phillips Curve Model -- 12. Determinants of Unemployment -- 13. The Savings Functions -- 14. Determinants of Government Receipts -- 15. Edogeneity of Government Spending -- 16. Capacity of the Model to Explain Behavior of the Macroeconomy in the Years beyond the Period Used to Estimate the Model -- 17. Converting the Older Keynsian IS-LM Model to the More Modern AS-AD Interpretation of the Kenysian Model -- 18. Dynamics -- 19. Summary and Conclusions (Production Side of the NIPA Accounts) -- 20. Part II: Determinants of Factor Shares (Income Side of the NIPA Accounts)
520 $a This book explores the US economy from 1960 to 2010 using a more Keynsian, Cowles model approach, which the author argues has substantial advantages over the vector autoregression (VAR) and dynamic stochastic general equilibrium (DSGE) models used almost exclusively today. Heim presents a robust argument in favor of the Cowles model as an answer to the pressing, unresolved methodological question of how to accurately model the macroeconomy so that policymakers can reliably use these models to assist their decision making. Thirty-eight behavioral equations, describing determinants of variables such as consumption, taxes, and government spending, are connected by eighteen identities to construct a comprehensive model of the real US economy that Heim then tests across four different time periods to ensure that results are consistent. This comprehensive demonstration of the value of a long-ignored model provides overwhelming evidence that the more Keynesian (Cowles) structural models outperform VAR and DSGE, and therefore should be the models of choice in future macroeconomic studies.
650 0 $a Econometrics. $3 182271
650 0 $a Macroeconomics. $3 183168
650 0 $a Regional economics. $3 175197
650 0 $a Space in economics. $3 185926
650 1 4 $a Economics. $3 175999
650 2 4 $a Macroeconomics/Monetary Economics//Financial Economics. $3 731063
650 2 4 $a Regional/Spatial Science. $3 338471
651 0 $a United States $3 236377
710 2 $a SpringerLink (Online service) $3 273601
773 0 $t Springer eBooks
856 4 0 $u http://dx.doi.org/10.1007/978-3-319-50681-4
950 $a Economics and Finance (Springer-41170)