Read Co-Integration, Error Correction, and the Econometric Analysis of Non-Stationary Data. Advanced Texts in Econometrics.

Co-Integration, Error Correction, and the Econometric Analysis of Non-Stationary Data. Advanced Texts in Econometrics.

Unknown Author

4.9/5 (33647 ratings)

Description:This book provides a wide-ranging account of the literature on co-integration and the modelling of integrated processes (those which accumulate the effects of past shocks). Data series which display integrated behaviour are common in economics, although techniques appropriate to analysing such data are of recent origin and there are few existing expositions of the literature. This book focuses on the exploration of relationships among integrated data series and the exploitation of these relationships in dynamic econometric modelling. The concepts of co-integration and error-correction models are fundamental components of the modelling strategy.This area of time-series econometrics has grown in importance over the past decade and is of interest to econometric theorists and applied econometricians alike. By explaining the important concepts informally, but also presenting them formally, the book bridges the gap between purely descriptive and purely theoretical accounts of the literature. The asymptotic theory of integrated processes is described and the tools provided by this theory are used to develop the distributions of estimators and test statistics. Practical modelling advice, and the use of techniques for systems estimation, are also emphasized.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Co-Integration, Error Correction, and the Econometric Analysis of Non-Stationary Data. Advanced Texts in Econometrics.. To get started finding Co-Integration, Error Correction, and the Econometric Analysis of Non-Stationary Data. Advanced Texts in Econometrics., you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: 329

Format: PDF, EPUB & Kindle Edition

Publisher: Oxford University Press, USA

Release: 2010

ISBN: 1282052330

Description: This book provides a wide-ranging account of the literature on co-integration and the modelling of integrated processes (those which accumulate the effects of past shocks). Data series which display integrated behaviour are common in economics, although techniques appropriate to analysing such data are of recent origin and there are few existing expositions of the literature. This book focuses on the exploration of relationships among integrated data series and the exploitation of these relationships in dynamic econometric modelling. The concepts of co-integration and error-correction models are fundamental components of the modelling strategy.This area of time-series econometrics has grown in importance over the past decade and is of interest to econometric theorists and applied econometricians alike. By explaining the important concepts informally, but also presenting them formally, the book bridges the gap between purely descriptive and purely theoretical accounts of the literature. The asymptotic theory of integrated processes is described and the tools provided by this theory are used to develop the distributions of estimators and test statistics. Practical modelling advice, and the use of techniques for systems estimation, are also emphasized.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Co-Integration, Error Correction, and the Econometric Analysis of Non-Stationary Data. Advanced Texts in Econometrics.. To get started finding Co-Integration, Error Correction, and the Econometric Analysis of Non-Stationary Data. Advanced Texts in Econometrics., you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Special Offer | $0.00

Special Offer! | $0.00

Co-Integration, Error Correction, and the Econometric Analysis of Non-Stationary Data. Advanced Texts in Econometrics.

Co-Integration, Error Correction, and the Econometric Analysis of Non-Stationary Data. Advanced Texts in Econometrics.

More Books