Difference between revisions of "Macroeconometric model"
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==Definition== | ==Definition== | ||
According to [[Macroeconomics by Mankiw (7th edition)]], | According to [[Macroeconomics by Mankiw (7th edition)]], | ||
| − | :[Macroeconometric model]]. A model that uses data and statistical techniques to describe the economy quantitatively, rather than just qualitatively. | + | :[[Macroeconometric model]]. A model that uses data and statistical techniques to describe the economy quantitatively, rather than just qualitatively. |
[[Category: Economics]][[Category: Articles]] | [[Category: Economics]][[Category: Articles]] | ||
Latest revision as of 17:38, 2 July 2020
Macroeconometric model is a model that uses data and statistical techniques to describe the economy quantitatively, rather than just qualitatively.
Definition
According to Macroeconomics by Mankiw (7th edition),
- Macroeconometric model. A model that uses data and statistical techniques to describe the economy quantitatively, rather than just qualitatively.
