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Is it possible to find an econometric law that works well in explanation and prediction? The case of Australian money demand

 

作者: P. A. V. B. Swamy,   George S. Tavlas,  

 

期刊: Journal of Forecasting  （WILEY Available online 1992）
卷期: Volume 11, issue 1  

页码: 17-33

 

ISSN:0277-6693

 

年代: 1992

 

DOI:10.1002/for.3980110103

 

出版商: John Wiley&Sons, Ltd.

 

关键词: Economic forecasting;Money demand;Causality;Co‐integration

 

数据来源: WILEY

 

摘要:

AbstractPratt and Schlaifer's (1984, 1988) research employed in efforts to produce laws in economics are considered and their use in predicting future data is described. Data for Australia are used to illustrate the approaches.

 

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