Forecasting from An Econometric System of Interdependent Equations

Language: English

Published by LAP LAMBERT Academic Publishing Aug 2018, 2018

3659857114 / 9783659857119

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This item is printed on demand - Print on Demand Titel. Neuware -The need emerged to construct forecasts for empirical systems of interdependent equations in econometric micromodels. As such, it became necessary to search for solutions, which provide convergent forecasts from structural-form equations of such a system. The procedure presented in the third and fourth chapters of this monograph, called a reduced-recursive procedure or a snail procedure can serve as a proposal for such a solution. It leads to convergent forecasts, which are characterized by the fact that they 'mesh', as part of a feedback or in a cycle of closed relations. Therefore, it is necessary to find new prognostic solutions for systems of interdependent equations within the scope of econometric micromodels. Consideration of various proposals, and in particular obtaining a large number of microeconomic forecasts, will enable rational generalizations. This will foster the use of such forecasts to support the management in business entities. Good forecasting solutions in this field may trigger the demand for forecasting work in enterprises of all sizes. This, in turn, will support the further development of research on forecasting from systems of interdependent equations.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 96 pp. Englisch.…

Seller Inventory # 9783659857119

Title
Forecasting from An Econometric System of Interdependent Equations
Author
Jerzy Witold Wi¿niewski
Publisher
LAP LAMBERT Academic Publishing Aug 2018
Publication year
2018
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3659857114
ISBN 13
9783659857119
Item weight
161 grams
Dimensions
220x150x7 mm

buchversandmimpf2000

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