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  1. Thσá followinτ i≤ aε extrac⌠ oµ thσ transmitta∞ lette≥á froφ ì
  2. Fran∞á Elie∞á oµá Decisioεá Science≤á anΣá Software¼áá 1752▓ ì
  3. Cottonwood Street, Irvine, CA 92715. (714)552-5258
  4.  
  5.      "TH┼ FEDó i≤ ß microcompute≥ versioε oµ thσ econometriπ ì
  6. mode∞ useΣ b∙ thσ St« Loui≤ Federa∞ Reservσ Distric⌠ t∩ tes⌠ ì
  7. alternatσá mone∙á suppl∙á policie≤ prio≥á t∩á enterinτá int∩ ì
  8. deliberation≤á oµ thσ opeε marke⌠ committee«á Sincσ thσá St« ì
  9. Loui≤áá FE─áá i≤áá onσá oµá ninσáá district≤áá sharinτáá thσ ì
  10. responsibilit∙ fo≥ settinτ mone∙ supp∙ targets¼ thσ mode∞ i≤ ì
  11. ßá valuablσá too∞á fo≥á busines≤á forecastinτá anΣá decisioε ì
  12. making« Transmitta∞ oµ thi≤ distributablσ cop∙ constitute≤ ß ì
  13. limiteΣ licensσ oµ m∙ copyright.
  14.  
  15.      Thσá packagσá consist≤á oµá fivσá modules«á Thσá first¼ ì
  16. "THEFED.INTó i≤ thσ forecastinτ model« I⌠ i≤ supporteΣ b∙ aε ì
  17. extensivσá tutoria∞ invokeΣ b∙ respondinτ "YESó t∩ thσ firs⌠ ì
  18. prompt«á Oεá subsequen⌠ run≤ thσ "NOó responsσ wil∞á supres≤ ì
  19. thσá tutorial«á Thσá prograφ draw≤ upoε thσá economiπá file¼ ì
  20. "ECON1.DAT,óá containinτá quarte≥ b∙ quarte≥á economiπá datß ì
  21. sincσ 195░ (u≡ througΦ thσ seconΣ quarte≥ oµ 1981⌐ anΣ b∙á ß ì
  22. forecastá file¼á whicΦ ma∙ bσ specifieΣ b∙ respondinτ t∩ thσ ì
  23. appropriatσ prompt«á ┴ samplσ forecas⌠ file¼ "FORCAST2.DAT,ó ì
  24. i≤á includeΣá fo≥ illustration«á Thσ economiπá filσá ma∙á bσ ì
  25. printeΣ usinτ "PRNTECON.INT,ó whilσ thσ forecast filσ ma∙ bσ ì
  26. printeΣááá usinτáá "PRNTFORC.INT.óáá Thσáá file≤áá caεááá bσ ì
  27. maintained/created respectively using an ordinary editor.
  28.  
  29.      (Not⌐ includeΣ (is⌐ the Basiπ codσ oµ "TH┼ FEDó becausσ ì
  30. thσá empirica∞á constant≤ useΣ iε thσ equation≤á arσá easil∙ ì
  31. changed¼á anΣ changinτ thesσ constant≤ b∙ eveε smal∞ amount≤ ì
  32. vitiate≤á thσá validit∙á oµá thσá results«á But¼á ßá genera∞ ì
  33. descriptioεá oµá "TH┼á FEDóá ma∙ bσ founΣá iεá "METHOD╙á anΣ ì
  34. TECHNIQUE╙á oµá BUSINES╙á FORECASTING,óá editeΣá b∙á Butler¼ ì
  35. Kavesh¼ anΣ Platt¼ anΣ publisheΣ b∙ Prenticσ Hall¼ EnglewooΣ ì
  36. Cliffs¼á N╩ (1974)«á Thσ descriptioε appear≤ oε page≤ 50╖ t∩ ì
  37. 51╖á inclusivσá iεá ß pape≥ b∙ Leonal∞á Andersoεá titledá "┴ ì
  38. Monetaris⌠áá ApproacΦá t∩á Forecasting.óá Updatσá datßáá arσ ì
  39. availablσá iε thσ "Surve∙ oµ Curren⌠ Businessó publisheΣá b∙ ì
  40. thσá U╙á Departmen⌠á oµá Commercσá anΣá availablσá a⌠áá mos⌠ ì
  41. libraries« User≤ desirinτ morσ informatioε thaε availablσ iε ì
  42. thi≤á articlσá anΣá thσá tutoria∞á ma∙á orde≥á ßá manua∞á a≤ ì
  43. described in the tutorial.
  44.