Kara, Amit (contributor); Nelson, Edward (contributor) - 2003 - [Elektronische Ressource], rev
.kara@bankofengland.co.uk
** Research Division, Federal Reserve Bank of St. Louis, 411 Locust St., St. Louis MO
63102, USA. Also Research Affiliate, CEPR … optimizing IS equation for the UK and Australia.
The comparison shows that these estimates are similar to those for the US, and … IS equation.
5. Comparison with backward-looking specifications
The backward-looking IS equation that EF study is …