A Survey of Types of Economic Forecasting and Programming and a Brief Description of the Oslo Channel Model.
FRISCH Ragnar (1961.)
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Original mimeograph memorandum, printed on rectos only. Folio. 8vo. Original printed wrappers, wire-stitched as issued, blue cloth backstrip (ownership inscription of R.S. Weinberg to front cover, otherwise a near fine copy). Memorandum from Institute of Economics, University of Oslo, 13 May
An interesting contribution towards the conception of policy problems in terms of maximising a social preference function, derived by interviewing policymakers, issued here for private circulation amongst Frisch's colleagues and students at the University of Oslo.
"Ragnar Frisch was a pioneer of 'econometrics', a name which he himself coined, that union of mathematical and statistical methods applied to the testing of economic hypotheses which, he firmly believed, would at long last establish economics as a science. He founded the Econometric Society in 1930, edited Econometrica from 1933-5, and was awarded the first Nobel Prize in Economics in 1969, jointly with Jan Tinbergen for his services to econometric modelling and measurement" (Blaug, Great Economists Since Keynes).
Ownership inscription of the economic statistician Robert S. Weinberg to front wrapper.
Stock Code: 234347