Econometrics and Economic Theory : Essays in Honour of Jan Tinbergen

Front Matter....Pages N2-viii Front Matter....Pages 1-1 An Adjusted Maximum Likelihood Estimator of Autocorrelation in Disturbances....Pages 3-25 Estimation and Prediction in Dynamic Econometric Models....Pages 27-56 An Essay on Aggregation Theory and Practice....Pages 57-99 Specification Bias in Seemingly Unrelated Regressions....Pages 101-113 Economic Policy Simulation in Dynamic Control Models Under Econometric Estimation....Pages 115-137 A Macro Model of the Economy for the Explanation of Trend and Business Cycle with Applications to India....Pages 139-146 The Quality of Quantitative Economic Policy-making when Targets and Costs of Change are Mis-specified....Pages 147-164 Front Matter....Pages 165-165 Acceleration Incentives and X-Efficiency....Pages 167-175 The Size Distribution of Labour Incomes Derived from the Distribution of Aptitudes....Pages 177-187 The Economic Theory of Replacement and Depreciation....Pages 189-221 Demographic Aspects of the Distribution of Income among Families: Recent Trends in the United States....Pages 223-245 Money, Debt and Wealth....Pages 247-259 Demand Conditions under Multidimensional Pricing....Pages 261-284 Back Matter....Pages 285-298