10. Analyzing Properties of Models
Techniques for analyzing the properties of macroeconometric models are discussed in Chapter 10 of the 1994 book and Chapters 9, 10, and 11 of the 1984 book. These chapters have not been transferred to html, and so they must be read in pdf format. There is also more recent work discussing techniques for analyzing properties of models. See "Evaluating Alternative Monetary Policy Rules" (with E.P. Howrey), "A Fiscal-Policy Rule for Stabilization", and "Estimated Stabilization Costs of the EMU".

The following is the list of sections in Chapter 10 of the 1994 book:

10.1 Introduction
10.2 Comparing Multipiers and Their Standard Errors
10.2.1 Deterministic Simulation
10.2.2 Stochastic Simulation
10.3 Sources of Economic Fluctuations
10.4 Optimal Monetary Instruments
10.5 Optimal Control
10.6 Counterfactual Multiplier Experiments