Franz, Wolfgang; Heidbrink, Gustav W.; Smolny, Werner - Fachbereich Wirtschaftswissenschaften, Universität Konstanz - 1993
This paper constitutes an interim report on the development of a macroeconometric disequilibrium model. Despite several caveats the model as it stands can be used already for two purposes. First, it is possible to investigate the models forecasting abilities. While the estimation period of the...