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Stochastic Parameter Regression Models

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Stochastic Parameter Regression Models Synopsis

Whereas standard regression models force economic relationships or behavior to be fixed through time, stochastic parameter regression models allow relationships to vary slowly--without need for specification of the causes of that variation. The authors thoroughly examine the usefulness of the Kalman filter and state-space modeling in work with the stochastic parameter regression model.

About This Edition

ISBN: 9780803924253
Publication date:
Author: Paul Newbold, Theodore Bos
Publisher: SAGE Publications Inc
Format: Paperback
Pagination: 80 pages
Series: Quantitative Applications in the Social Sciences
Genres: Social research and statistics

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