Modelling in the Money Markets

Synopsis: Looks at the international dimension of money in the City, the role of money in macroeconomic models, and the future of forecasting. Shows the Oxford Economic Forecasting Model illustrating the international dimension by demonstrating the effect of a rise in German interest rates on the French and UK economies. Looks at the role of money in the Lombard Street Research Model. Discusses alternatives to mainstream and monetarist modelling. Questions what economists working in the money markets want from economic models and how well these models perofrm in forecasting future trends in economic activity, output and inflation.
Series: Economics and Changing Economies, Course D216
Language: English
Country: Great Britain
Medium: Video; Videocassette. Standard formats. col. 24 min.
Year of production: 1995
Availability: Off-air recording licence
Sale; 1998 sale: £145.00 (+VAT +p&p)
Subjects: Economics
Keywords: economic forecasting; modelling - economic; monetary systems

Producer

Alison Tucker

Cast

Maureen Mackintosh

Name: Open University Worldwide
Web: http://www.ouw.co.uk External site opens in new window
Phone: +44 (0) 1908 274066
Address: Walton Hall
Milton Keynes
MK7 6AA
Notes: NB. As of May 2016 Open University Worldwide are no longer distributing DVDs. They have posted this message on their website: ‘Unfortunately Open University Worldwide Limited has decided that product sales are no longer viable given the reduced funding to Higher Education institutions and diminishing demand for the products we have traditionally stocked. At present the Open University Students Association (OUSA) will continue to sell the "Good Study Guide", and we are in discussion with other possible distributors to continue to make The Open University’s products available for purchase. As soon as we have any information on other channels of distribution we will update this notice’. Some products are still available via second hand dealers on Amazon.co.uk

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