Theoretical model used for macroeconomic analysis
Journal Title: Revista Romana de Statistica - Year 2016, Vol 64, Issue 7
Abstract
For the purpose of achieving macroeconomic prognoses, as formal descriptions of the future events, various models can be utilized, of different degrees of complexity and covering areas, up to the application of sophisticated techniques and models out of the instruments range of the statistics and econometrics domain. In order to rise the significance level of the prognoses, those achieving them do not apply only one model, so that the formal and informal models are constituting themselves as influence factors of the final prognosis.
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