Oxford model

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The Oxford Model or the Oxford 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]

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