Abstract
In this paper we publish for the first time the econometric model of the UK economy recently developed at City University Business School (CUBS). The differentiating feature of the CUBS model is its concern with the 'supply side' and its attempt to estimate an aggregate production function. The model distinguishes between markets in goods and services, labour, capital, money and foreign exchange.
Original language | English |
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Pages (from-to) | 242-268 |
Number of pages | 27 |
Journal | Economic Modelling |
Volume | 3 |
Issue number | 4 |
DOIs | |
State | Published - Oct 1986 |
Externally published | Yes |
Keywords
- Aggregate supply
- Macroeconometric model
- UK