For this paper there was not available nearly as much empirical materials for analysis and model construction as was the case for the authors’ Guatemala study cited in this paper. However, for developing countries very deficient in data this paper importantly demonstrates how useful results...

An attempt is made to measure the loss of productivity and growth due to excessive military expenditures of five countries in the Southern Cone of Latin America during the 1970's and 1980's. These countries are Argentina, Bolivia, Chile, Paraguay and Peru. A transcendental production function...

Economics, Econometrics and The LINK is a collection of scholarly contributions by leading scholars from the U.S., Europe, and Asia dealing with issues of economics and econometrics. The book contains a learned and erudite exposition of macroeconomics and macroeconomic modeling including...

'This is a book macroeconomists were waiting for - a lucid history of macroeconometric model building. A must read.' (Willi Semmler, New School for Social Research, US). -- 'The authors have succeeded in orchestrating a lively debate over the scientific foundations of structural econometrics....

Comprising original and never-before-published papers by distinguished economists, this book offers insights about lessons that were or should have been learned from recent outbreaks of such crises in East Asia and elsewhere. Recent Financial Crises also presents a set of econometric studies of...

This groundbreaking title brings together a critical selection of key papers by the Nobel Memorial Laureates in Economics that have helped shape the development and present state of economics. The editors have organised this comprehensive series by theme and focuses on those Laureates working in...