Introduction: 'Model Uncertainty and Macroeconomics'

This Special Issue of the Journal of Applied Econometrics contains a selection of papers presented at a workshop on ‘Model Uncertainty and Macroeconomics’ hosted by the Centre for Applied Macroeconomic Analysis (Australian National University) and the Reserve Bank of New Zealand, held in Wellington, New Zealand, on 27 and 28 June 2006. This Special Issue is not a proceedings volume: a number of papers presented at the workshop do not appear in this Special Issue, and some papers contained in the Special Issue were not presented in Wellington. The Editors selected papers on the basis of both the importance of the contribution to the area of model uncertainty and macroeconomics, and the themes of the workshop. Each of the papers contained here has undergone the usual rigorous Journal of Applied Econometrics refereeing process.