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An Econometric Model of the Us Economy

An Econometric Model of the Us Economy


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About the Book

1. Introduction to Part I (Production of the GDP)2. Methodology
3. Literature Review4. The Consumption Models5. Models Indicating Determinants of Investment Spending and Borrowing
6. The Exports Demand Equation7. Statistically Estimated Real GDP Determination Functions ("IS" Curves)8. Real GDP Determination Functions ("IS" Curves) Aggregated from Estimates Obtained by Statistically Estimating the Subcomponent Functions Comprising the GDP 9. Determinants of the Prime Interest Rate: Taylor Rule Method10. Determinants of the Prime Interest Rate: LM Curve Method11. Determinants of Inflation: The Phillips Curve Model12. Determinants of Unemployment13. The Savings Functions14. Determinants of Government Receipts15. Edogeneity of Government Spending16. Capacity of the Model to Explain Behavior of the Macroeconomy in the Years beyond the Period Used to Estimate the Model17. Converting the Older Keynsian IS-LM Model to the More Modern AS-AD Interpretation of the Kenysian Model18. Dynamics19. Summary and Conclusions (Production Side of the NIPA Accounts)20. Part II: Determinants of Factor Shares (Income Side of the NIPA Accounts)


About the Author: John J. Heim is Visiting Professor at University of Albany-SUNY, and retired Clinical Professor of Economics at Rensselaer Polytechnic Institute, both in New York, USA.


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Product Details
  • ISBN-13: 9783319844602
  • Publisher: Springer International Publishing AG
  • Binding: Paperback
  • Language: English
  • Returnable: Y
  • Sub Title: Structural Analysis in 56 Equations
  • Width: 148 mm
  • ISBN-10: 3319844601
  • Publisher Date: 30 Aug 2018
  • Height: 210 mm
  • No of Pages: 460
  • Spine Width: 25 mm
  • Weight: 634 gr


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