Synopsis
The systematic study of disequilibrium phenomena is still in its infancy. This book makes a significant contribution to knowledge in the area, being an exposition of the econometric techniques for estimating economic parameters in disequilibrium situations - for example when markets do not clear. It is characteristic of the relevant disequilibrium models that they contain unobserved "latent" variables, which places this subject squarely in the area of qualitative dependent variables. This volume clarifies the various approaches and the relationships between them. The emphasis is on formulating econometric models, deriving the appropriate estimating techniques, and providing guidelines for the computation of the estimates. The theoretical treatment is illustrated by reference to empirical application and one entire chapter is devoted to discussing particular empirical models.
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The Econometrics Of Disequilibrium
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The Econometrics of Disequilibrium
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The Econometrics of Disequilibrium
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The Econometrics of Disequilibrium
Published by
Basil Blackwell Inc, Oxford/New York, 1988
ISBN 10: 0631144021
ISBN 13: 9780631144021
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Hardcover. Condition: Near fine. Dust Jacket Condition: Near fine. First Edition. Despite an early interest in microeconomic theory, Richard Quandt has devoted most of his career to econometrics and, in particular, to modal split estimation. More recently his work has focused on the econometrics of disequilibrium models with reference to both free market and planned economies. First edition with minimal traces of handling. 6½" - 9". book. Seller Inventory # 278137
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THE ECONOMETRICS OF DISEQUILIBRIUM
Published by
Basil Blackwell, New York, 1988
ISBN 10: 0631144021
ISBN 13: 9780631144021
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Seller: J. Wyatt Books, Ottawa, ON, Canada
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Hardcover. Condition: Very Good. Dust Jacket Condition: Good. 1st U.K. Edition. Hardcover; 296 pages. Black paper hardcovers with silver titles on spine. Slight corner bumping otherwise excellent. Small red pen marking on ffep. The pages are white and unmarked. VERY GOOD The javket is semi-glossy, with shelfwear/rubbing. GOOD. Book. Seller Inventory # 217460