In EconModels/MacroGrowth: Economics Models

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MacroGrowth

The R package MacroGrowth provides sophisticated tools for fitting macroeconomic growth models to data. MacroGrowth has several desirable features for macroeconomic modelers:

Functions that fit several different macroeconomic growth models.
Functions fit along boundaries of the economically-meaningful region, thereby ensuring that the best possible fit is found.
Options to perform residual resampling, thereby providing a way to assess the variability of estimated parameters.
A consistent formula-based interface to fitting functions.

The functions in this package were developed for and used first in Heun et al. [-@Heun:2017].

Installation

You can install MacroGrowth from github with:

# install devtools if not already installed
# install.packages("devtools")
devtools::install_github("EconModels/MacroGrowth")
# To build vignettes locally, use
devtools::install_github("EconModels/MacroGrowth", build_vignettes = TRUE)