Makroökonometrische Modelle sind in Deutschland aus der kurzfristigen Wirtschaftsprognose und der Prozeßanalyse nicht mehr wegzudenken. Die Entwicklung dahin war zwar auch von Verlangsamungen und Unterbrechungen begleitet - die generelle Disreputation der Makroökonomie in den siebziger...

This volume contains the contributions of a conference dealing with the consequences of the European Monetary Union for the macroeconometric modelling of the Euro area, which took place in Essen in 2000. At the end of the conference the participants were convinced that the discussions including...

Econometric models are a widely used and powerful tool in macroeconomic analysis and forecasting. Admittedly, their acceptance by the scientific community has had some hard times during the seventies and eighties: a general decline in the reputation of macroeconomics, the Lucas critique, and...