FREE delivery to all EXCLUSIVE BOOKS stores nationwide. FREE delivery to your door on all orders over R450. Excludes all international deliveries.

Continuous Time Econometric Model of the United Kingdom with Stochastic Trends

Albert Rex Bergstrom
    Product form
      FORMAT: Paperback / softback

      R 1,765.56 Price and availability exclusive to website

      YOU COULD EARN 1,765.56 FUTURE RETAIL DISCOUNTS.
      ESTIMATED DELIVERY: Approx. 10 - 15 Business Days
      BUY NOW PAY LATER
      From R 294.26 per month!
      3x monthly payments of R 588.52 with
      4x fortnightly payments of R 441.39 with
      Over the last thirty years there has been extensive use of continuous time econometric methods in macroeconomic modelling. This monograph presents a continuous time macroeconometric model of the United Kingdom incorporating stochastic trends. Its development represents a major step forward in continuous time macroeconomic modelling. The book describes the model in detail and, like earlier models, it is designed in such a way as to permit a rigorous mathematical analysis of its steady-state and stability properties, thus providing a valuable check on the capacity of the model to generate plausible long-run behaviour. The model is estimated using newly developed exact Gaussian estimation methods for continuous time econometric models incorporating unobservable stochastic trends. The book also includes discussion of the application of the model to dynamic analysis and forecasting.
      Format: CONTRIBUTORS: Albert Rex Bergstrom EAN: 9781107411234 COUNTRY: United Kingdom PAGES: WEIGHT: 370 g HEIGHT: 216 cm
      PUBLISHED BY: Cambridge University Press DATE PUBLISHED: 2012-10-25 CITY: GENRE: BUSINESS & ECONOMICS / Econometrics WIDTH: 140 cm SPINE:

      Book Themes:

      United Kingdom, Great Britain, Econometrics and economic statistics, Public finance and taxation, Stochastics

      Customer Reviews

      Be the first to write a review
      0%
      (0)
      0%
      (0)
      0%
      (0)
      0%
      (0)
      0%
      (0)
      Over the last thirty years there has been extensive use of continuous time econometric methods in macroeconomic modelling. This monograph presents a continuous time macroeconometric model of the United Kingdom incorporating stochastic trends. Its development represents a major step forward in continuous time macroeconomic modelling. The book describes the model in detail and, like earlier models, it is designed in such a way as to permit a rigorous mathematical analysis of its steady-state and stability properties, thus providing a valuable check on the capacity of the model to generate plausible long-run behaviour. The model is estimated using newly developed exact Gaussian estimation methods for continuous time econometric models incorporating unobservable stochastic trends. The book also includes discussion of the application of the model to dynamic analysis and forecasting.
      Format: CONTRIBUTORS: Albert Rex Bergstrom EAN: 9781107411234 COUNTRY: United Kingdom PAGES: WEIGHT: 370 g HEIGHT: 216 cm
      PUBLISHED BY: Cambridge University Press DATE PUBLISHED: 2012-10-25 CITY: GENRE: BUSINESS & ECONOMICS / Econometrics WIDTH: 140 cm SPINE:

      Book Themes:

      United Kingdom, Great Britain, Econometrics and economic statistics, Public finance and taxation, Stochastics

      Customer Reviews

      Be the first to write a review
      0%
      (0)
      0%
      (0)
      0%
      (0)
      0%
      (0)
      0%
      (0)

      Recently viewed products

      Login

      Forgot your password?

      Don't have an account yet?
      Create account