The Structural Econometric Time Series Analysis Approach

Zellner, Arnold [Editor]; Palm, Franz C. [Editor]

ISBN 10: 0521814073 / ISBN 13: 9780521814072

Published by Cambridge University Press, 2004

About this Item

Bright and clean, firm and square, just a few minor bumps and rubs. Hence a non-text page is stamped 'damaged'. Despite such this book is in better than very good condition. Thus it looks and feels unread with contents that are crisp, fresh and tight. Now offered for sale at a special bargain price.

Seller Inventory # 123272

Bibliographic Details

• Title: The Structural Econometric Time Series Analysis Approach
• Publisher: Cambridge University Press
• Publication Date: 2004
• Language: English
• ISBN 10: 0521814073
• ISBN 13: 9780521814072
• Binding: Hardcover
• Edition: First Edition.
• Condition: Very Good
• Seller catalogs:
  • Politics, Economics & Government

About this title

Synopsis

Bringing together a collection of previously published work, this book provides a discussion of major considerations relating to the construction of econometric models that work well to explain economic phenomena, predict future outcomes and be useful for policy-making. Analytical relations between dynamic econometric structural models and empirical time series MVARMA, VAR, transfer function, and univariate ARIMA models are established with important application for model-checking and model construction. The theory and applications of these procedures to a variety of econometric modeling and forecasting problems as well as Bayesian and non-Bayesian testing, shrinkage estimation and forecasting procedures are also presented and applied. Finally, attention is focused on the effects of disaggregation on forecasting precision and the Marshallian Macroeconomic Model that features demand, supply and entry equations for major sectors of economies is analysed and described. This volume will prove invaluable to professionals, academics and students alike.

About the Author

Arnold Zellner is H. G. B. Alexander Distinguished Service Professor Emeritus of Economics and Statistics, Graduate School of Business, University of Chicago and Adjunct Professor, University of California at Berkeley. He has published books and many articles on the theory and application of econometrics and statistics to a wide range of problems. Franz C. Palm is Professor of Econometrics, Faculty of Economics and Business Administration, Maastricht University. He has published many articles on the theory and application of econometrics and statistics to a wide range of problems.