Oxford model

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The Oxford Model or the Oxford macro econometric Model was a Macroeconomic model 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 2 Wood, John Cunningham; et al. (2005). Critical Assessments of Contemporary Economists. New York: Routledge. p. 279. ISBN   978-0415310628.