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Titlebook: Economic Modelling at the Bank of England; S. G. B. Henry (Director of Research),K. D. Patter Book 1990 Springer Science+Business Media Do

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发表于 2025-3-21 18:44:05 | 显示全部楼层 |阅读模式
书目名称Economic Modelling at the Bank of England
编辑S. G. B. Henry (Director of Research),K. D. Patter
视频video
丛书名称Foundations of Computer Science
图书封面Titlebook: Economic Modelling at the Bank of England;  S. G. B. Henry (Director of Research),K. D. Patter Book 1990 Springer Science+Business Media Do
描述J. S. FLEMMING The Bank of England‘s role as a leading central bank involves both formal and informal aspects. At a formal level it is an adviser to HM Government, whilst at an informal level it is consulted by domestic and overseas institutions for advice on many areas of economic interest. Such advice must be grounded in an understanding of the workings of the domestic and international economy-a task which becomes ever more difficult with the pace of change both in the economy and in the techniques which are used by professional economists to analyse such changes. The Bank‘s economists are encouraged to publish their research whenever circumstances permit, whether in refereed journals or in other ways. In particular, we make it a rule that the research underlying the Bank‘s macroeconometric model, to which outside researchers have access through the ESRC (Economic and Social Research Council) macromodelling bureau, should be adequately explained and documented in published form. This volume expands the commitment to make research which is undertaken within the Economics Division of the Bank of England widely available. Included here are chapters which illustrate the breadth of i
出版日期Book 1990
关键词Portfolio; asset pricing; asset pricing model; consumer; earnings; econometrics; economics; economy; elastic
版次1
doihttps://doi.org/10.1007/978-94-009-0419-4
isbn_softcover978-94-010-6674-7
isbn_ebook978-94-009-0419-4
copyrightSpringer Science+Business Media Dordrecht 1990
The information of publication is updating

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S. G. B. Henry (Director of Research),K. D. Patter
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Book 1990Council) macromodelling bureau, should be adequately explained and documented in published form. This volume expands the commitment to make research which is undertaken within the Economics Division of the Bank of England widely available. Included here are chapters which illustrate the breadth of i
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Research Council) macromodelling bureau, should be adequately explained and documented in published form. This volume expands the commitment to make research which is undertaken within the Economics Division of the Bank of England widely available. Included here are chapters which illustrate the breadth of i978-94-010-6674-7978-94-009-0419-4
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Book 1990M Government, whilst at an informal level it is consulted by domestic and overseas institutions for advice on many areas of economic interest. Such advice must be grounded in an understanding of the workings of the domestic and international economy-a task which becomes ever more difficult with the
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Modelling the flow of funds with an application to the demand for liquid assets by the UK personal the provision of financial services initiated either by government legislation (e.g. Financial Services Act 1986) or by marketing considerations (e.g. entry of banks into the home loans market) may also lead to a re-allocation of portfolios and a change in relative interest rates.
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Optimal control of stochastic non-linear models,at of optimal control (see, for example, Fair (1984) who summarizes a great deal of work in this area or Chow (1975)). However, econometric models are by their very nature stochastic and when they are also non-linear the solution to the deterministic control problem may differ substantially from the solution to the stochastic problem.
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