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JSSISI: Journal of The Statistical and Social Inquiry Society of Ireland, 1847- >
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Title: The behavioural characteristics of the model-80 model of the Irish economy
Author: FitzGerald, John D.
Keegan, Owen
Keywords: Model-80 model
Large scale macroeconomic models
Central Bank of Ireland
Irish economy
Issue Date: 1982
Publisher: Statistical and Social Inquiry Society of Ireland
Citation: Fitzgerald, John D. and Keegan, Owen. 'The behavioural characteristics of the model-80 model of the Irish economy'. - Dublin: Journal of the Statistical and Social Inquiry Society of Ireland,Vol. XXIV, Part IV, 1981/1982, pp41-84
Series/Report no.: Journal of The Statistical and Social Inquiry Society of Ireland
Vol. XXIV, Part IV, 1981/1982
Abstract: For as long as governments have had the inclination or capability to influence economic events they have based their policies on their beliefs and prejudices as to how the economy works. These beliefs and prejudices constitute, de facto, a model of the economy. Similarly, while they may not admit it, businessmen have, for centuries, carried an incipient economic model around in their heads. Anyone who is interested in forecasting the future either with a view to altering the likely course of economic events, or accommodating their own activities to that likely course, has to form views on how the economy works. However, it is only really in the last thirty years that economists have begun to formalise these prejudices or views into a quantitative framework.
Description: Read before the Society, 11 February 1982
ISSN: 00814776
Appears in Collections:JSSISI: 1978 to 1983, Vol. XXIV, Sessions 132nd to 136th
Archive JSSISI: 1847- Complete Collection

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