A new macroeconomic forecasting and policy evaluation method using the analytic hierarchy process |
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Affiliation: | Department of Mathematics and the Graduate School of Business, University of Pittsburgh, Pittsburgh, PA 15260, U.S.A. |
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Abstract: | The Analytic Hierarchy Process is used to show how forecasts can be made of the effects of monetarist, Keynesian and supply-side macroeconomic policies and to determine their impact on important variables such as unemployment, inflation and GNP growth. |
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