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Properties of Macroeconomic Models of the Uk Economy: A Comparative Study

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  • J.S.E. Laury
  • G.R. Lewis
  • P.A. Ormerod

Abstract

This article describes a variety of simulations carried out with the three major macroeconomic quarterly forecasting models of the UK currently in operation—those of the Treasury, the London Business School and the National Institute. The simulations cover both fixed and floating exchange rate regimes.

Suggested Citation

  • J.S.E. Laury & G.R. Lewis & P.A. Ormerod, 1978. "Properties of Macroeconomic Models of the Uk Economy: A Comparative Study," National Institute Economic Review, National Institute of Economic and Social Research, vol. 83(1), pages 52-72, February.
    • Handle: RePEc:sae:niesru:v:83:y:1978:i:1:p:52-72
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    Cited by:

    1. Michael Wagner, 1981. "Angebotsortientierte Fiskalpolitik," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 7(3), pages 249-287.

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