Econometric Decision Models : New Methods of Modeling and Applications

1: Econometric Decision Models: Introduction to the Conference and Survey of Some Recent Developments -- 1. Introduction to the conference on econometric decision models: for better balanced research and more interdisciplinary and international cooperation -- 2. Some recent developments in policy making with macroeconometric models -- 2: Optimal Control of Econometric Decision Models -- 3. Optimal stabilization with a macroeconometric model for Hungary: investigating the effects of different objective functions and time horizons -- 4. On causality and control in economic systems -- 5. Optimal control of nonlinear stochastic macroeconometric models: an algorithm and an economic example -- 6. Game theoretical approach to optimal control of economic systems -- 7. Nonlinear optimal control simulations of development strategies -- 8. On some properties of the solution of the optimal control problem for the original long-term macroeconomic model -- 3: Multiple Criteria Decision Making (Vector Optimization) with Econometric Models -- 9. Implementing the reference-point approach to multi-criteria decision making in econometric models in the computerprogram LOS -- 10. Optimal economic policy making with an econometric model using interactive methods of vector optimization -- 4: Constructing Objective Scalarvalued Functions for Econometric Decision Models -- 11. Public preferences and their role in the design of economic policy -- 12. Least squares estimation of quadratic preference functions for econometric decision models based on survey data -- 13. Operationalizing a macro-economic preference function -- 14. On constructing objective functions -- 15. Optimal dictatorial and multi-dictatorial choice in Arrow’s model with applications to multicriteria decision making -- 5: Rational and Adaptive Expectations Models -- 16. Rational versus adaptive expectations in present value models -- 17. The Finnish rational expectations QMED model: estimation, dynamic properties and policy results -- 18. Qualms about the linearized expectations hypothesis and variance-bounds studies of the interest rate term structure -- 6: Cointegration: Estimators, Tests and Applications -- 19. The power function of the likelihood ratio test for cointegration -- 20. Long-run relations in a well-defined statistical model for the data generating process. Cointegration analysis of the PPP and the UIP relations for Denmark and Germany -- 21. Interest rate linkages between EC countries participating in the European monetary system: an application of cointegration -- 7: Econometric Estimators and Tests for Various Models and Their Properties -- 22. Estimating the second moments of random coefficients -- 23. Tighter bounds for the effects of ARMA disturbances on tests for regression coefficients -- 24. True vs. nominal size of the F-test in the linear regression model with autocorrelated disturbances -- 25. Asymptotic and small-sample properties of the fixpoint-estimator for rational expectations models -- 26. The analysis of non-metric endogenous variables in latent variable models: The MECOSA approach -- 27. Econometric modelling with interval coefficients — a non-stochastic approach -- 8: Analyzing the Structure and Sensitivity of Econometric Models -- 28. Optimal triangulation of a matrix and a measure of interdependence for a linear econometric equation system -- 29. Evaluating the number of zero eigenvalues in a dynamic model -- 30. Forecast and multiplier sensitivity analysis with respect to changes of structural equations and submodels in dynamic systems -- 31. Structural sensitivity analysis in econometric models: an application to the model of the West Germany textile and apparel industry -- 9: Econometric Modeling of Environmental and Energy Problems -- 32. The optimum price of energy: a thermoeconomic analysis -- 33. Energy resources depletion and economic growth -- 34. Econometric methods as an instrument for estimating external costs per unit of emission: the case of a groundwater model -- 10: Econometric Models of Countries, Markets Etc., Based on Microdata and Macrodata, and Their Performance in Policy Analyses -- 35. Microeconometric research at the Sonderforschungsbereich 3 -- 36. Income and price policy making with an econometric model of financial incomes and expenditures of Poland’s population -- 37. Keynesian or classical unemployment in West Germany? — an empirical analysis with a disequilibrium model -- 38. A macroeconometric disequilibrium model for Poland -- 39. Evaluating econometric models: the 1988 forecast of the RWI-business cycle model in retrospect -- 40. The macroeconometric model of the Deutsche Bundesbank — a brief review -- Alphabetical list of authors.