Bøger i International Studies in Economic Modelling serien

among the 159 member countries of the United Nations Organization which are treated as country units, while smaller countries are grouped together in regions. The number of equations used is approximately 13 700, while the number of software steps for computation is approximately 100000. Computation, including tabulation, can nevertheless be performed very rapidly, and only about 20 minutes is required to make forecasts from the present up to the year 2000. The FUGI model is at present being used by the Projections and Perspectives Studies Branch, Department of International Economic and Social Affairs of the United Nations, for simulations of United Nations medium- and long-term international development strategies, while the Project LINK model is being used for short-term forecasts (Onishi, 1985). Stimulated by our latest joint research with the United Nations University on a 'global early warning system for displaced persions', we have felt the need for our FUGI model to go beyond its present capacities centred on an 'economic' model (in the rather traditional, restricted sense of the term) and to develop into a model that can in the future analyse 'global problematiques' or 'global complexes of symptoms' and complicated questions including various types of environmental problems and the sorts of displaced persons issues to which we are now directing our attention. We are thus expanding the scope of our fifth-generation FUGI model, presently under development, to deal with such issues.

This text contains a number of comprehensive surveys of the theoretical foundations of the new disequilibrium and shortage models of centrally planned economies of the Soviet Union and Eastern Europe and of relevant econometric estimation techniques.

The broad field of molecular collisions is one of considerable current interest, one in which there is a great deal of research activity, both experi mental and theoretical.

An international collection of twenty papers with three themes: energy demand, modelling energy supply and models of specific markets.

They present, nevertheless, a well integrated picture of systematic advance in the field of input-output analysis on the broad front, stretching from formal mathematical modelling, through construction of large, specialized databases to detailed empirical inquiry and concrete examples of practical applications.

Continuous-time econometrics is no longer an esoteric subject although most still regard it as such, so much so that it is hardly mentioned in standard textbooks on econometrics.

Alberto Heimler and Daniele Meulders In the last decade the modelling of the interrelationship between public finance and the rest of the economy has seen substantial advances, reflected in many of the papers delivered to the Applied Econometrics Association Conference held at Confindustria, Rome, on 30 November and 1 December 1989.

It is generally agreed that the operation of the labour market lies at the heart of macroeconomic activity. Following Keynes' attack on the postulates of the classics in The General Theory a number of labour market paradigms have been proposed including the Phillips curve, new classical and union bargaining models.

The broad field of molecular collisions is one of considerable current interest, one in which there is a great deal of research activity, both experi mental and theoretical.

OPEC was founded - rather unnoticed - by oil-producing countries still struggling to gain control over national petroleum resources. The foremost aim of the new organization - years before it was able to make metropolitan newspaper headlines - was stabilizing oil prices.

The several areas where I see advances being made, some of which the International Commodity Markets Division of the World Bank has taken part in, are the following: (a) in the theoretical specification of commodity price behaviour;

Wide differences remain in the levels of unionization in diverse countries, while in the United States, France and Spain union members account now for little more than 10% of the labour force, in the Nordic countries (Sweden, Finland and Denmark) the corre'sponding figure is between 75 and 85%.

This book identifies the likely causes of high inflation and assesses the available policy options for preventing or curing it. The approach consists of making hypotheses about the economic motivation of individuals, developing a model assessing the results.

Adopting a disequilibrium approach in analyzing the inter-relation between real and financial development in industrial countries, this volume discusses such subjects as factor income distribution, financial flows and stocks, economic stability, and production, wages and prices.

OPEC was founded - rather unnoticed - by oil-producing countries still struggling to gain control over national petroleum resources. The foremost aim of the new organization - years before it was able to make metropolitan newspaper headlines - was stabilizing oil prices.

An international collection of twenty papers with three themes: energy demand, modelling energy supply and models of specific markets.

Continuous-time econometrics is no longer an esoteric subject although most still regard it as such, so much so that it is hardly mentioned in standard textbooks on econometrics.

Alberto Heimler and Daniele Meulders In the last decade the modelling of the interrelationship between public finance and the rest of the economy has seen substantial advances, reflected in many of the papers delivered to the Applied Econometrics Association Conference held at Confindustria, Rome, on 30 November and 1 December 1989.

Econometric Modelling of World Shipping describes an economic model that may be used to forecast world shipping markets. A unique feature of the model is that it relates to both sectors of world shipping, the dry cargo sector and the tanker sector.