Applied Econometric Techniques - Hardcover

Cuthbertson, Keith; Taylor, Mark P.; Hall, Stephen

Hardcover

ISBN 10: 0472103288 ISBN 13: 9780472103287

Publisher: The University of Michigan Press, 2018

Synopsis

Applied Econometric Techniques is designed to bridge the gap between textbook theory and the advanced applied work required of professional econometricians. The authors emphasize the intuitive aspects of theoretical results to provide insight into solutions of "real world" applied problems. Drawing on their own experience in working for the Bank of England, the International Monetary Fund, the London Business School, and other public and private organizations, the authors use a wealth of examples to illustrate the pitfalls as well as the advantages of sophisticated applied techniques.
An introductory chapter provides a "refresher course" in standard econometrics for the professional econometricians, graduate students, and advanced undergraduates for whom the volume is intended. The authors then present recent theoretical innovations such as co-integration, error correction models, ARCH models, disequilibrium Maximum Likelihood models, and the Kalman Filter. In addition, they discuss the underlying philosophy of dynamic modeling that has grown out of the work of several economists at the London School of Economics.

Edition details

• Publisher: The University of Michigan Press
• Publication date: 2018
• Language: English
• ISBN 10: 0472103288
• ISBN 13: 9780472103287
• Binding: Hardcover
• Number of pages: 250