Applied Dynamic Macroeconomics

该项目包括应用动力学的研究议程 宏观经济学 研究了几个广泛的问题： 第一个主题涉及平均值之间的动态协同运动 生产力、工作时间和产出。 第二个中心是 总体财政政策在战后美国商业中作用 自行车. 第三类侧重于 现代工业化经济的增长和商业周期。 第四大领域延续了侦查员长期以来 关于库存结构决定因素的研究 成品。 总的研究工作涉及两个方面 理论模型的建立和分析。 后者将 使用战后美国总时间和特定行业时间进行 系列数据 这几个项目是由他们的 方法论，即运用动态一般均衡理论 生成严格参数化的时间序列模型 并使用广义矩量法估计。 动态理论与动态计量经济学的联系 提供了评估竞争理论的可能性， 趋势

This project consists of a research agenda in applied dynamic macroeconomics. Several broad problems are investigated: The first topic concerns the dynamic co-movements between average productivity, hours worked and output. The second centers on the role of aggregate fiscal policy in postwar US business cycles. The third category focuses on the interaction between growth and business cycles in modern industrialized economies. The fourth broad area continues the investigator's long-standing research on the structural determinants of inventories of finished goods. The total research effort involves both theoretical model development and analysis. The latter will be conducted using aggregate and industry specific postwar US time series data. The several projects are united by their methodology, which is to use dynamic general equilibrium theory to generate time series models which are tightly parameterized and which are estimated using the generalized method of moments. The linkage between dynamic theory and dynamic econometrics offers the possibility of evaluating competing theories of trends.