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A Brief History of Macroeconomic Models

In: Inside Thatcher’s Monetarist Revolution

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  • Gordon Pepper

    (City University Business School)

Abstract

The three main forecasting bodies in the UK are the Centre for Economic Forecasting at the London Business School (LBS), the National Institute for Economic and Social Research (the National Institute or NIESR) and the Treasury (more formally, Her Majesty’s Treasury or HMT). All three make use of large macroeconomic models of the economy.

Suggested Citation

  • Gordon Pepper, 1998. "A Brief History of Macroeconomic Models," Palgrave Macmillan Books, in: Inside Thatcher’s Monetarist Revolution, chapter 5, pages 47-49, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-333-99547-1_5
    DOI: 10.1007/978-0-333-99547-1_5
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