The blog of the Department of Economics and Related Studies at the University of York
Dr Adam Golinski and Professor Peter Spencer discuss the potential uses of econometric forecasting in relation to the current global crisis, and share their model and resulting data. Being able to predict and estimate how a disease might behave is crucial in the fight against large-scale pandemics such as COVID-19. As economists, we are more …
Continue reading Coronametrics: Using Econometrics to Forecast the Effects of Covid-19
João Madeira discusses his research in this area. Economics undergraduate students worldwide are taught business cycle fluctuations using the IS-LM model, the AD-AS model, and the Phillips curve. The key message from these models is that monetary and fiscal policy can be effective in stimulating aggregate economic output in the short to medium run (before …
Economics at York 