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]
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]