Synopsis
This new text is designed to make modern econometric techniques accessible and understandable to the non-specialist. It introduces and explains techniques that are now widely used in applied work, although rarely introduced in any detail in introductory level texts, such as integrated time series, cointegration, simulation analysis, Johansen's Approach to multivariate co-integration and ARCH. The author explains the central distinction between stationary and nonstationary time series, which is of crucial importance in many areas of analysis, especially in macroeconomics and financial economics.
Accompanying online resources for this title can be found at bloomsburyonlineresources.com/an-introduction-to-applied-econometrics. These resources are designed to support teaching and learning when using this textbook and are available at no extra cost.
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About the Author
KERRY PATTERSON is Professor of Econometrics at the University of Reading, UK.
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