A Micro-to-Macro Model of the Swedish Economy.

Despite the frequent criticisms of the forecasting achievements of large scale econometric models their makers, undiscouraged, continue to nibble at the problem of increasing the realism, accuracy, and reliability of their forecasts as compared with those of naive models. Medium and long-term models are often found to perform the most satisfactorily in practice and seem therefore to be well-suited for exploratory studies. This volume describes some of the ongoing efforts, results, and future plans of a group of economists in the development of a medium term (five year) projections model of the Swedish economy. [ABSTRACT FROM AUTHOR]