Buch, Englisch, 326 Seiten, Paperback, Format (B × H): 156 mm x 234 mm, Gewicht: 500 g
Buch, Englisch, 326 Seiten, Paperback, Format (B × H): 156 mm x 234 mm, Gewicht: 500 g
Reihe: Advanced Texts in Econometrics
ISBN: 978-0-19-877392-4
Verlag: OUP Oxford
understanding of integration and cointegration. The paper by Fabio Canova, Mary Finn and Adrian Pagan evaluates the real business cycles models using the new techniques. Other topics ocvered include an overview of the different estimators of cointegrating relationships, and a new test of cointegration.
Applications are shown finding roots in macroeconomic series, testing the Fisher Hypoethesis, testing money demand functions, to testing for inflationary bubbles.
This book provides a good coverage of the depth of this literature showing the importance of an understanding of non-stationarity and cointegration.