Properties of Macroeconomic Models of the UK Economy: A Comparative Study
- 1 February 1978
- journal article
- research article
- Published by Cambridge University Press (CUP) in National Institute Economic Review
- Vol. 83, 52-72
- https://doi.org/10.1177/002795017808300105
Abstract
This article describes a variety of simulations carried out with the three major macroeconomic quarterly forecastingmodels of the UK currently in operation—those of the Treasury, the London Business School and the National Institute. The simulations cover both fixed and floating exchange rate regimes.Keywords
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