Chapter 10 – Models used in Macroeconomic Analyses

Prof. Constantin Anghelache PhD
„Artifex” University of Bucharest, Bucharest University of Economic Studies
Ligia Prodan PhD student
Bucharest University of Economic Studies
Daniel Dumitrescu PhD student
Bucharest University of Economic Studies
Diana Valentina Soare PhD student
Bucharest University of Economic Studies
Georgeta Bardaşu (Lixandru) PhD student
Bucharest University of Economic Studies

 

The semi-logarithmic and the double logarithmic models are the two models which can be linearized:
− The logarithmic model can be either without free term or with free term.
− The free term model (log-log) is of the dependence form

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Sumar RRSS 4/2015