Empirical Macroeconomics and Statistical Uncertainty

This book addresses one of the most important research activities in empirical macroeconomics. It provides a course of advanced but intuitive methods and tools enabling the spatial and temporal disaggregation of basic macroeconomic variables and the assessment of the statistical uncertainty of the outcomes of disaggregation.

Autorentext

Mateusz Pipie is an associate professor in the Department of Empirical Analyses of Economic Stability, Cracow University of Economics, Poland.

Sylwia Roszkowska is an assistant professor in the Department of Macroeconomics, University of Lodz, Poland.

Inhalt

1. Introduction 2. Importance of regional data for policy evaluation 3. A review of official statistics describing economic conditions in NUTS-2 regions in Poland 4. Basic properties of the model of Seemingly Unrelated Regression Equations 5. NUTS-2 disaggregation of the Polish GDP: preliminary analyses within SUREdiag 6. NUTS-2 disaggregation of the Polish GDP: including other explanatory variables 7. Concluding remarks