Macroeconomic Modeling: The Cowles Commission Approach, M.I.T. Press, 2024.

Book:
pdf file
Amazon online order form

Referenced Papers and Books

The following are the articles and books of mine and coauthors that are referenced in this book.

Andrews and Fair (1988), "Inference in Nonlinear Econometric Models with Structural Change"

Fair (2020), "Variable Mismeasurement in a Class of DSGE Models: Comment"

Fair (2018), "Explaining the Slow U.S. Recovery: 2010-2017"

Fair (2017), "Household Wealth and Macroeconomic Activity: 2008-2013"

Fair (2012), "Analyzing Macroeconomic Forecastability"

Fair (2010), "Estimated Macroeconomic Effects of the U.S. Stimulus Bill"

Fair (2004), "Testing for a New Economy in the 1990s"

Fair (1993), "Testing the Rational Expectations Hypothesis in Macroeconometric Models"

Fair (1989), "The Production Smoothing Model is Alive and Well"

Fair (1985), "Excess Labor and the Business Cycle"

Fair (1984), Specification, Estimation, and Analysis of Macroeconometric Models

Fair (1979), "An Analysis of a Macro-Econometric Model with Rational Expectations in the Bond and Stock Markets"

Fair (1978), "The Sensitivity of Fiscal-Policy Effects to Assumptions About the Behavior of the Federal Reserve"

Fair (1969), The Short-Run Demand for Workers and Hours

Fair and Dominguez (1991), "Effects of the Changing U.S. Age Distribution on Macroeconomic Equations"

Fair and Parke (1980), "Full-Information Estimates of a Nonlinear Macroeconometric Model"

Fair and Taylor (1990), "Full Information Estimation and Stochastic Simulation of Models with Rational Expectations"

Fair and Taylor (1983), "Solution and Maximum Likelihood Estimation of Dynamic Rational Expectations Models"

Chapter 18 Further Material

Chapter 18 discusses further material and refers to sections in Macroeconometric Modeling. The link is

Macroeconometric Modeling: 2018

and the following are the sections.

Sections 2.7 and 3.9: Bootstrapping

Sections 2.9 and 3.10: Evaluating predictive accuracy, testing models

Section 4.8.1: Sources of economic fluctuations

Section 2.10: Optimal control techniques

Section 4.8.2: Measuring economic performance

Sections 2.11 and 3.11: Testing certainty equivalence

Section 4.9: How to report monetary policy uncertainty