Specification, Estimation, and Analysis of Macroeconomic Models

Macroeconomics and Reality

1980 • 12,249 citations

Rules Rather than Discretion: The Inconsistency of Optimal Plans

1977 • 7,667 citations

Rational Expectations and the Theory of Price Movements

1961 • 5,518 citations

A Rapidly Convergent Descent Method for Minimization

1963 • 4,529 citations

An efficient method for finding the minimum of a function of several variables without calculating derivatives

1964 • 4,391 citations

The Economics of Information

1976 • 3,571 citations

Some International Evidence on Output-Inflation Tradeoffs.

1973 • 2,466 citations

Phillips Curves, Expectations of Inflation and Optimal Unemployment over Time

1967 • 1,519 citations

Application of Least Squares Regression to Relationships Containing Auto-Correlated Error Terms

1949 • 1,372 citations

Pitfalls in Financial Model-Building

1968 • 1,071 citations

A General Disequilibrium Model of Income and Employment

1971 • 1,016 citations

Rational expectations and the role of monetary policy

1976 • 999 citations

Investment Under Uncertainty

1971 • 925 citations

Formulating and estimating dynamic linear rational expectations models

1980 • 845 citations

Variable Metric Method for Minimization

1991 • 841 citations

Unified approach to quadratically convergent algorithms for function minimization

1970 • 594 citations

Rational Expectations, the Real Rate of Interest, and the Natural Rate of Unemployment

1973 • 523 citations

Asymptotic Theory of Least Absolute Error Regression

1978 • 442 citations

Econometric Implications of the Rational Expectations Hypothesis

1980 • 436 citations

A Generalized Classical Method of Linear Estimation of Coefficients in a Structural Equation

1957 • 409 citations

Temporary General Equilibrium Theory

1977 • 400 citations

The Prediction Performance of the FRB-MIT-PENN Model of the U.S. Economy

1972 • 397 citations

Numerical Specification of Applied General Equilibrium Models: Estimation, Calibration, and Data

1981 • 291 citations

Rational Expectations and Macroeconomic Stabilization Policy: An Overview

1980 • 253 citations

Output, Employment, and Wages in the Short Run

1968 • 233 citations

A Simple Macroeconomic Model with a Government Budget Restraint

1968 • 223 citations

Conditions for Unique Solutions in Stochastic Macroeconomic Models with Rational Expectations

1977 • 203 citations

An Econometric Model of the World Copper Industry

1972 • 148 citations

Techniques of forecasting using vector autoregressions

1981 • 139 citations

Portfolio Equilibrium and the Balance of Payments: A Monetary Approach

1975 • 130 citations

The Short-Run Demand for Workers and Hours

1970 • 98 citations

A Comparison of Alternative Estimators for Simultaneous Equations

1964 • 89 citations

Frontiers of quantitative economics.

1981 • 81 citations

A Modified Stein-like Estimator for the Reduced Form Coefficients of Simultaneous Equations

1978 • 66 citations

A Disequilibrium Macroeconomic Model

1975 • 63 citations

18. The NBER/NSF Model Comparison Seminar: An Analysis of Results

1976 • 56 citations

Full-information estimates of a nonlinear macroeconometric model

1980 • 34 citations

THE VALUE OF A PRIORI INFORMATION IN ESTIMATING A FINANCIAL MODEL*

1976 • 30 citations

Stochastic Simulation of Monetary Rules in Two Macroeconometric Models

1972 • 27 citations

An Algorithm for FIML and 3SLS Estimation of Large Nonlinear Models

1982 • 25 citations

Tests for Structural Change and Prediction Intervals for the reduced Forms of Two Structural Models of the U.S.: The FRB-MIT and Michigan Quarterly Models

1974 • 21 citations

Small sample estimates of the variance covariance matrix of forecast error for large econometric models : the stochastic simulation technique

1980 • 21 citations

Credit Rationing, Interest Rate Lags, and Monetary Policy Speed

1968 • 21 citations

Notes on the Selection of Instruments for Two Stage Least Squares and K Class Type Estimators of Large Models

1971 • 17 citations

Balance of Payments Adjustment and Portfolio Theory : A Survey

1974 • 14 citations

Sample Size Requirements in Full Information Maximum Likelihood Estimation

1981 • 12 citations

Divergences in the results of stochastic and deterministic simulation of an Italian non linear econometric model

1976 • 11 citations

Some Multiplier and Error Characteristics of the BEA Quarterly Model

1974 • 11 citations

Short-Run Prediction and Long-Run Simulation of the Wharton Model

1972 • 10 citations

On the Consistency of Non-Linear FIML

1980 • 10 citations

Stochastic simulation as a validation tool for econometric models

1977 • 9 citations

Short- and Long-Term Simulations with the Obe Econometric Model

1972 • 8 citations

Modeling the International Influences on the U.S. Economy: A Multi-Country Approach

1976 • 5 citations