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Disequilibrium econometrics: 25 years later

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  • E. Malinvaud

Abstract

The author concludes that disequilibrium econometrics, as it developed more than 20 years ago, is not suitable for policy analysis. Various new opportunities are outlined that can put this area on the research agenda again.

Suggested Citation

  • E. Malinvaud, 2006. "Disequilibrium econometrics: 25 years later," Statistica Neerlandica, Netherlands Society for Statistics and Operations Research, vol. 60(2), pages 171-180, May.
    • Handle: RePEc:bla:stanee:v:60:y:2006:i:2:p:171-180
    DOI: 10.1111/j.1467-9574.2006.00319.x
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    Cited by:

    1. Karmelavičius, Jaunius & Mikaliūnaitė-Jouvanceau, Ieva & Petrokaitė, Austėja Petrokaitė, 2022. "Housing and credit misalignments in a two-market disequilibrium framework," ESRB Working Paper Series 135, European Systemic Risk Board.
    2. Plassard, Romain & Renault, Matthieu, 2023. "General equilibrium models with rationing: The making of a ‘European specialty’," European Economic Review, Elsevier, vol. 159(C).

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