(Download PDF)->Dynamic Econometrics for Empirical Macroeconomic Modelling By Ragnar Nymoen

Dynamic Econometrics for Empirical Macroeconomic Modelling

By : Ragnar Nymoen

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 pdf download Dynamic Econometrics for Empirical Macroeconomic Modelling

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Book Synopsis :

In this textbook, intended for master and PhD students in economics, the duality between the equilibrium concept used in dynamic economic theory, and the stationarity of economic variables is explained, and used in the presentation of econometric methods, for single equations models and for system of equations such as VARs, recursive models and simultaneous equations models. The necessary background in the mathematics of difference equations, is provided in a separate chapter. The same mathematics is used to extend the econometric methodology to non-stationary time series, which is typical of macroeconomic data. The book covers the main methods for specification and estimation of cointegrated systems. The book also contains a separate chapter on exogeneity, in the context of estimation, policy analysis and forecasting. The book also has a separate chapter about automatic (computer based) variable selection, and how it can aid in the specification of an empirical macroeconomic model.

Book Detail :

Author : Ragnar Nymoen

Pages : 400 pages

Publisher : World Scientific Publishing Company

Language :

ISBN-10 : 9811207518

ISBN-13 : 9789811207518

 
Supporting format: PDF, EPUB, Kindle, Audio, MOBI, HTML, RTF, TXT, etc.
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