Estimating How the Macroeconomy Works

by Ray C. Fair

Macroeconomics tries to describe and explain the economywide movement of prices, output, and unemployment. The field has been sharply divided among various schools, including Keynesian, monetarist, new classical, and others. It has also been split between theorists and empiricists. Ray Fair is a resolute empiricist, developing and refining methods for testing theories and models. The field cannot advance without the discipline of testing how well...

• Format: Hardcover
• Language: English
• ISBN: 0674015460
• ISBN13: 9780674015463
• Release Date: December 2004
• Publisher: Harvard University Press
• Length: 314 Pages
• Weight: 1.05 lbs.
• Dimensions: 1.0" x 7.3" x 10.3"