Methods and Applications of Economic Dynamics: Workshop : Invited Papers: 228 (Contributions to Economic Analysis, 228) - Softcover

 
9780444814654: Methods and Applications of Economic Dynamics: Workshop : Invited Papers: 228 (Contributions to Economic Analysis, 228)
Softcover
ISBN 10: 0444814655 ISBN 13: 9780444814654
Publisher: Elsevier Science Ltd, 1995

Synopsis

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.

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Review

... this volume contains interesting contributions in the field of empirical macroeconomic dynamic models, which are valuable for researchers working in this area as well as for policy-makers.
Journal of Economics

"About this title" may belong to another edition of this title.

Publisher
Elsevier Science Ltd
Publication date
1995
Language
English
ISBN 10 
0444814655
ISBN 13 
9780444814654
Binding
Paperback
Number of pages
340
Editor
Schoonbeek L., Kuipers S.K., Sterken E.