Journal of Economic and Social Measurement - Volume 22, issue 4

Authors: Ganti, Subrahmanyam

Article Type: Research Article

Abstract: The objective of this paper is first to derive theoretically and then test empirically for the existence of differential propensities to demand for money across sectors by industry of origin in a developing economy. The econometric evidence for the Indian …economy on the agriculture (commodity) and nonagriculture (services) sectors for a little over a four decade period is convincing. The presence of sectoral bias in the money demand function is clearly indicated for India over the period 1950/51–1991/92 implying thereby that monetary planning based on the standard macro-money demand specifications for India may produce misleading results. Show more

DOI: 10.3233/JEM-1996-22401

Citation: Journal of Economic and Social Measurement, vol. 22, no. 4, pp. 219-230, 1996

Authors: Adams, F. Gerard | Chen, YiMin

Article Type: Research Article

DOI: 10.3233/JEM-1996-22402

Citation: Journal of Economic and Social Measurement, vol. 22, no. 4, pp. 231-240, 1996

Authors: Renfro, Charles G.

Article Type: Research Article

Abstract: MODLER is one of a small group of integrated econometric software packages developed during the past twenty-five years. These packages are often referred to as econometric modeling languages, in order to convey the idea that they provide a suitable environment …in which to construct and use such models. Inasmuch as econometric models consist of equations, it is natural to think of their syntactic form as language-like. The development of MODLER began in 1969–1970. It was converted to the microcomputer starting in 1981 and became the basis for the first microcomputer-based econometric forecasting service. Microcomputer-based models embedded in MODLER by the end of 1985 included the 600+ equation Wharton Mark VII Quarterly Econometric Model of the United States, as well as smaller models in earlier years. Since then, other models of 500+ simultaneous equations, including one of approximately 1000 equations, have been built and used with the software, plus over 2000 smaller models, created by users worldwide. The paper briefly describes representative MODLER applications, as well as the software's design and development through the end of 1994. Other packages broadly similar to MODLER include TROLL, XSIM, and EPS, among packages introduced prior to 1980, and AREMOS, among packages introduced since 1986. Show more

DOI: 10.3233/JEM-1996-22403

Citation: Journal of Economic and Social Measurement, vol. 22, no. 4, pp. 241-311, 1996

Article Type: Other

DOI: 10.3233/JEM-1996-22404

Citation: Journal of Economic and Social Measurement, vol. 22, no. 4, pp. 313-313, 1996

Article Type: Other

DOI: 10.3233/JEM-1996-22405

Citation: Journal of Economic and Social Measurement, vol. 22, no. 4, pp. 314-314, 1996