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| Name | Macroeconomic models of economies | Celebrating a Career of Impact |
| Video Uploader | Video From ESRC Social |
| Upload Date | This Video Uploaded At 04-06-2014 10:29:19 |
| Video Discription | Over five decades, Professor Sir David Hendry has developed #macroeconomic models capturing how #economies work, which are now embedded in software widely used by policymakers and decision-makers. When Professor Hendry started his career, econometric models were derived from reasonably abstract economic theory that was then fitted to the data, which he found rather limited. 'In 1968 it occurred to me we needed to write software that can tackle all the problems that confront an empirical practitioner simultaneously' In this video, we explore some of this fascinating and impactful research. Professor Hendy has received funding from the ESCR for over 20 years for research on #econometrics and #economic forecasting. His research is consistently rated as outstanding. Professor Hendry is winner of the Lifetime Achievement Award at the ESRC Celebrating #Impact Prize 2014. The ESRC Celebrating Impact Prize recognises and rewards the successes of ESRC-funded #researchers achieving outstanding economic and societal impacts. Learn more about the prize ▶️ https://www.ukri.org/what-we-offer/esrc-celebrating-impact-prize/ Let’s connect! Twitter 🔗 https://twitter.com/ESRC LinkedIn 🔗 https://www.linkedin.com/company/econ... YouTube 🔗 https://www.youtube.com/user/theesrc Instagram 🔗 https://www.instagram.com/esrc_/ We think you’ll like… ESRC Celebrating Impact Prize finalist: Laura Bear ▶️ https://www.youtube.com/watch?v=AlWIRjDSiQ0&t=14s Celebrating Impact: Professor Lord Richard Layard ▶️ https://www.youtube.com/watch?v=nHyni9qsTrw Network boosts ethnic minority business ▶️ https://www.youtube.com/watch?v=KZE_R9KSU3g ABOUT ECONOMIC AND SOCIAL RESEARCH COUNCIL (ESRC) ESRC is the UK’s largest funder of economic, social, behavioural and human data science. Find out more ▶️ https://www.ukri.org/councils/esrc/ #ESRC #SocialScience #SocialResearch #Economics |
| Category | Science & Technology |
| Tags | Economic And Social Research Council (Organization) | ESRC | Celebrating Impact Prize | Social Science | economics | models | Oxford | university | research | modelling | software | macroeconomics | economic modelling | modelling software | economic forecast |
