A discussion of various aspects of dynamic behavior of empirical macroeconomic, and in particular, macroeconometric models, is presented in this book. The book addresses in depth several theoretical and practical aspects concerning the modeling and analysis of long-run equilibrium behavior, adjustment dynamics and stability. Tools are developed to identify and interpret the main determinants of the dynamics of models.
The tools involve, among others, error-correction mechanisms, eigenvalue analysis, feedback closure rules, graph theory, learning behavior, steady-state analysis, and stochastic simulation. Their usefulness is demonstrated by interesting applications to a number of well-known national and multi-national models.
| ISBN: | 9780444814654 |
| Publication date: | 3rd February 1995 |
| Author: | L Schoonbeek, E Sterken, S K Kuipers |
| Publisher: | Elsevier Science an imprint of Emerald Group Publishing Limited |
| Format: | Hardback |
| Pagination: | 340 pages |
| Series: | Contributions to Economic Analysis |
| Genres: |
Econometrics and economic statistics |
A discussion of various aspects of dynamic behavior of empirical macroeconomic, and in particular, macroeconometric models, is presented in this book. The book addresses in depth several theoretical and practical aspects concerning the modeling and analysis of long-run equilibrium behavior, adjustment dynamics and stability.
Methods and Applications of Economic Dynamics features in the following genres: Econometrics and economic statistics
Hardback. Not Available.
Methods and Applications of Economic Dynamics was written by L Schoonbeek, E Sterken, S K Kuipers and published by Elsevier Science an imprint of Emerald Group Publishing Limited
Methods and Applications of Economic Dynamics has 340 pages
Yes it is part of Contributions to Economic Analysis series