A Small Macroeconometric Model of the Lithuanian Economy

A small vector error correction model of the Lithuanian economy is presented aimed at forecasting and explaining the macroeconomic fluctuations. Various aspects of model building are discussed in the light of specificity of the Lithuanian economy. The adequacy of the model is evaluated using in- and...

Full description

Bibliographic Details
Main Authors: Rimantas Rudzkis, Virmantas Kvedaras
Format: Article
Language:English
Published: Austrian Statistical Society 2016-04-01
Series:Austrian Journal of Statistics
Online Access:http://www.ajs.or.at/index.php/ajs/article/view/411