Oxford model

November 03, 2023

The Oxford Model or the Oxford macro econometric Model was created by Lawrence Klein and Sir James Ball.^[1] It included a Phillips-type relation and led to an "explosion" of macroeconometric forecasting.^[1]

References edit

^ ^a ^b Wood, John Cunningham; et al. (2005). Critical Assessments of Contemporary Economists. New York: Routledge. p. 279. ISBN 978-0415310628.

November 03, 2023

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