Oxford 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
[edit]- ^ a b Wood, John Cunningham; et al. (2005). Critical Assessments of Contemporary Economists. New York: Routledge. p. 279. ISBN 978-0415310628.