Heilemann, Ullrich; Findeis, Hagen - In: Economic Modelling 29 (2012) 2, pp. 158-165
Macroeconometric models are often criticised for being too complex and difficult to read in theoretical terms. To overcome these difficulties, Hickman suggested the calculation of a model's implicit aggregate demand/supply (AD/AS) structure. The method helps to understand models and their main...