Long-Run Growth Forecasting

Long-Run Growth Forecasting

ID:39408711

大小:1.20 MB

页数:194页

时间:2019-07-02

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1、Long-RunGrowthForecastingStefanBergheimLong-RunGrowthForecastingStefanBergheimRaimundstr.12160320FrankfurtGermanystefan.bergheim@googlemail.comISBN978-3-540-77679-6e-ISBN978-3-540-77680-2LibraryofCongressControlNumber:2008923365©2008Springer-VerlagBerlinHeidelbergTh

2、isworkissubjecttocopyright.Allrightsarereserved,whetherthewholeorpartofthematerialisconcerned,specificallytherightsoftranslation,reprinting,reuseofillustrations,recitation,broadcasting,reproductiononmicrofilmorinanyotherway,andstorageindatabanks.Duplicationofthispub

3、licationorpartsthereofispermittedonlyundertheprovisionsoftheGermanCopyrightLawofSeptember9,1965,initscurrentversion,andpermissionsforusemustalwaysbeobtainedfromSpringer-Verlag.ViolationsareliableforprosecutionundertheGermanCopyrightLaw.Theuseofgeneraldescriptivename

4、s,registerednames,trademarks,etc.inthispublicationdoesnotimply,evenintheabsenceofaspecificstatement,thatsuchnamesareexemptfromtherelevantprotectivelawsandregulationsandthereforefreeforgeneraluse.Coverdesign:WMXDesignGmbH,Heidelberg,GermanyPrintedonacid-freepaper9876

5、54321springer.comTomymotherAcknowledgementThisbookisbasedonmydissertationatWHUOttoBeisheimSchoolofMan-agement.IwouldliketothankMichaelFrenkelforsupervisingthisprojectandJ•urgenWeigandforbeingco-supervisor.SpecialthanksgotoMarcoNeuhausforthelongdiscussionsin2004and20

6、05thatinspiredlargepartsofthisstudy.ChiaraOsbatintroducedmetothenon-stationarypanelliterature,andMag-dalenaKorb,AndreaSchneider,ElgaBartschandSarahRupprechtweresokindtocommentondraftsofthebook.SeminarparticipantsatETHZurich,DeutscheBundesbank,theMaxPlanckInstituteof

7、Economics,theInstitutderdeutschenWirtschaftCologneandtheMacroeconomicPolicyInstitute(IMK)inD•usseldorfalsomadehelpfulsuggestions.Contents1Theimportanceoflong-rungrowthanalysis...............11.1Frequentforecastfailures.................................11.2Strongdeman

8、d-butlittlesupply.........................31.3Planofwork............................................61.3.1Choosingasensibletheoreticalmode

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