Oxford model

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Short description: Econometric model

The Oxford Model or the Oxford macro econometric Model was created by Lawrence Klein and Sir James Ball.[1] It included a Phillips-type relation and led to an "explosion" of macroeconometric forecasting.[1]

References

  1. ↑ 1.0 1.1 Wood, John Cunningham (2005). Critical Assessments of Contemporary Economists. New York: Routledge. p. 279. ISBN 978-0415310628. https://books.google.com/books?id=jWxcKtahWEcC&dq=%22Lawrence%20Klein%22%20%22James%20Ball%22&pg=PA279. 



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