0
Your cart

Your cart is empty

Books > Business & Economics > Economics > Macroeconomics

Buy Now

Forecasting Models for National Economic Planning (Paperback, 2nd ed. 1972) Loot Price: R1,520
Discovery Miles 15 200
Forecasting Models for National Economic Planning (Paperback, 2nd ed. 1972): Aaart R. Heesterman

Forecasting Models for National Economic Planning (Paperback, 2nd ed. 1972)

Aaart R. Heesterman

Series: International Studies in Economics and Econometrics, 2

 (sign in to rate)
Loot Price R1,520 Discovery Miles 15 200 | Repayment Terms: R142 pm x 12*

Bookmark and Share

Expected to ship within 10 - 15 working days

This book is about the specification of linear econometric models, and for this reason some important related fields have been deliberately omitted. I did not want to discuss the problems of parameter-estimation, at least not in any detail, as there are other books on these problems written by specialized statisticians. This book is about the models them selves and macro-economic models in particular. A second related sub ject is the policy decision that can be made with the help of a model. While I did write a chapter on policy decisions, I limited myself to some extent because of my views on planning as such. The logical approach to this problem is in terms of mathematical programming, but our models and our ideas about the policies we want are too crude for its effective utilisation. A realistic formulation of the problem should involve non linearities in an essential way, the models I consider (and most existing models) are linear. At the present state of econometrics, I do not really believe in such a thing as the 'optimal' plan. The possible result of bad planning or no planning at all, for instance massive unemployment, sudden financial crises, unused capital equipment, or the production of unsalable goods is agreed to be undesirable. Programming methods may of course be needed, if only for having a systematic algorithm to find a solution that avoids this kind of 'obvious' non-optimality. However, the main emphasis is on forecasting models."

General

Imprint: Springer
Country of origin: Netherlands
Series: International Studies in Economics and Econometrics, 2
Release date: November 2011
First published: 1972
Authors: Aaart R. Heesterman
Dimensions: 229 x 152 x 9mm (L x W x T)
Format: Paperback
Pages: 166
Edition: 2nd ed. 1972
ISBN-13: 978-9401031417
Categories: Books > Science & Mathematics > Mathematics > Probability & statistics
Books > Business & Economics > Economics > Macroeconomics > General
Promotions
LSN: 940103141X
Barcode: 9789401031417

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

You might also like..

Macroeconomics - South African Edition
Gregory Mankiw, Mark Taylor, … Hardcover R576 Discovery Miles 5 760
Understanding Macroeconomics
Philip Mohr, Cecilia van Zyl, … Paperback  (6)
R471 Discovery Miles 4 710
Monetary Economics
Ernie van der Merwe, Sandra Mollentze Paperback R690 Discovery Miles 6 900
How To Think And Reason In…
Frederick C. V. N. Fourie, Philippe Burger Paperback  (1)
R843 R755 Discovery Miles 7 550
The Deficit Myth - How To Build A Better…
Stephanie Kelton Paperback R393 R356 Discovery Miles 3 560
Understanding macroeconomics
Paperback R136 Discovery Miles 1 360
Beyond Experiments in Development…
J. Edward Taylor, Mateusz J. Filipski Hardcover R3,437 Discovery Miles 34 370
Macroeconomics plus Pearson MyLab…
Olivier Blanchard Paperback R2,627 Discovery Miles 26 270
Creature from Jekyll Island
Edward G Griffin Paperback R1,401 Discovery Miles 14 010
Welfare and Work in the Open Economy…
Fritz W. Scharpf, Vivien A. Schmidt Hardcover R6,221 Discovery Miles 62 210
Money Then and Now
Antonio Sacre Paperback R319 R296 Discovery Miles 2 960
Reforming the International Monetary…
Emmanuel Farhi, Pierre-Olivier Gourinchas, … Paperback R413 Discovery Miles 4 130

See more

Partners