Heilemann, Ullrich; Münsch, Heinz Josef; Ackermann, … - Society for Computational Economics - SCE - 1999
Since the seminal work of Adleman/Adleman, econometric models are presumed to be driven by changes of the exogenous variables, modified by the model's dynamics. Our knowledge of the impulse/propagation mechanism in macroeconometric models is, however, still rather poor. In following a more...