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A Model of Macroeconomic Activity. Volume I: The Theoretical Model, Ballinger Publishing Co., 1974.
pfd files: whole book (10,781KB), toc,preface,bib,index (559KB), chapter 1 (1,023KB), chapter 2 (940KB), chapter 3 (1,667KB), chapter 4 (989KB), chapter 5 (257KB), chapter 6 (2,675KB), chapter 7 (1,199KB), chapter 8 (830KB), appendix (877KB).



This book presents the theory that has guided my macroeconometric specifications since my earlier forecasting model. A brief summary of this work and how it relates to the literature is in Section 2.1.1 in Testing Macroeconometric Models--Section 2.1.1. Another summary is in Section 2.1 of The US Model Workbook--Section 2.1. The theory is also summarized in Section 1.1 of Volume II--1976#1--which presents the econometric specifications.