کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
10479067 | 931493 | 2005 | 25 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
A forecasting and policy simulation oriented small macro-model for the Indian economy
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
The design of macro-models for the purposes of derivation of macroeconomic stabilization policies and obtaining forecasts is an important area of theoretical and empirical economic research. This is because such a stance presents an ideal blend of skillfully interweaving the essential theoretical ingredients of the contemporary macroeconomic paradigms with specific structural features of the country under reference. The use of macro-models enables the policy makers to build alternative policy evidences and thus this approach proves to be far superior to the alternative approaches based on intuitive or judgmental criteria. It is against this background that a macro-model for the Indian economy is estimated in an error-correction framework. Based on it, some policy options are evaluated. ECM and time varying parameter based forecasts are obtained for inflation and growth for the Indian economy for the year 2004-2005.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Policy Modeling - Volume 27, Issue 9, December 2005, Pages 1025-1049
Journal: Journal of Policy Modeling - Volume 27, Issue 9, December 2005, Pages 1025-1049
نویسندگان
Balwant Singh,