Oxford model

The Oxford Model or the Oxford macro econometric Model was a Macroeconomic model created by Lawrence Klein and Sir James Ball. It included a Phillips-type relation and led to an "explosion" of macroeconometric forecasting.

References

  1. 1 2 Wood, John Cunningham; et al. (2005). Critical Assessments of Contemporary Economists. New York: Routledge. p. 279. ISBN 978-0415310628.