The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Macroeconometric Models

  • Ray C. Fair
Reference work entry


The topic ‘macroeconometric models’ is very broad. Conceivably it could include any study in which at least one equation was estimated using macroeconomic data. I will limit my discussion to structural models that try to explain the overall economy, although I will also have a few things to say about vector autoregressive models.

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Ray C. Fair
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