THE ECONOMETRIC ANALYSIS OF ECONOMIC POLICY
探讨如何将计量分析应用于经济政策制定,通过约化理论框架评估模型、预测、外生性、因果关系等关键问题,帮助政策制定者理解计量经济学如何澄清政策难题。
The application of econometric analysis to the process of economic policy formulation is considered. A framework is provided by the theory of reduction, specifically reductions where key information losses would invalidate policy. Consequently, model evaluation; the role of econometric models; forecasting; exogeneity; causality; constancy and invariance; unobservables; seasonality; and data integrability are considered, together with specific policy issues where econometrics can clarify the problems.