Microeconometrics

Eds. Steven n. Durlauf, Lawrence E. Blume. The New Palgrave Economics Collection Following the publication of the award-winning and much-acclaimed The New Palgrave Dictionary of Economics, Second Edition, which brings together Nobel Prize winners and the brightest young scholars to survey the discipline, a new ...

Dynamic systems, economic growth, and the environment

Eds. Jesús Crespo Cuaresma, Tapio Palokangas, Alexander Tarasyev. The book focuses on the sustainability of economic growth in a changing environment, under the effects of global warming, dwindling energy resources, and technological change. It also provides explanations for significant fluctuations in countries# growth rates. The ...

Econometría financiera

modelos y pronósticos utilizando QMS EViews

Acompaña CD-ROM. El objetivo de este libro es doble. Por una parte, desarrollar en forma didáctica y sencilla, los fundamentos del análisis econométrico de los mercados financieros y los modelos principales que utiliza. Por otra parte, guiar al lector en los principios de manejo del ...

Time series econometrics using Microfit 5.0

Microfit 5.0 is an interactive, menu-driven program with a host of facilities for estimation, hypothesis testing, forecasting, data processing, file management, and graphic display. These features make Microfit 5.0 one of the most powerful menu-driven time-series econometric packages currently available. It is a ...

The economics of inaction

stochastic control models with fixed costs

In economic situations where action entails a fixed cost, inaction is the norm. Action is taken infrequently, and adjustments are large when they occur. Interest in economic models that exhibit "lumpy" behavior of this kind has exploded in recent years, spurred by growing evidence that ...

Introduction to time series analysis and forecasting

This book offers an accessible introduction to the most current thinking in and practicality of forecasting techniques in the context of time-oriented data. Analyzing time-oriented data and forecasting are among the most important problems that analysts face across many fields, ranging from finance and economics ...

Econometric analysis of count data

The book provides graduate students and researchers with an up-to-date survey of statistical and econometric techniques for the analysis of count data, with a focus on conditional distribution models. Proper count data probability models allow for rich inferences, both with respect to the stochastic count ...

The econometrics of panel data

fundamentals and recent developments in theory and practice

This completely restructured, updated third edition of "The Econometrics of Panel Data", first published in 1992, provides a general overview of the econometrics of panel data, both from a theoretical and from an applied viewpoint. Since the pioneering papers by Kuh, Mundlak, Hoch and Balestra ...

Stochastic optimization methods

Optimization problems arising in practice involve random model parameters. For the computation of robust optimal solutions, i.e., optimal solutions being insensitive with respect to random parameter variations, appropriate deterministic substitute problems are needed. Based on the probability distribution of the random data, and using ...

Topics in applied macrodynamic theory

Aut. Peter Flaschel...[et al] This book presents topics in applied dynamic macrotheory for closed and open economies. The authors give an advanced treatment of macroeconomic topics such as the Phillips curve, forward and backward looking behavior, open economy macrodynamics, structural macroeconometric model building as ...

Financial Econometrics

This book provides an essential toolkit for all students wishing to know more about the modelling and analysis of financial data. Applications of econometric techniques are becoming increasingly common in the world of finance and this second edition of an established text covers the following ...

The econometric analysis of hedge fund returns

an errors-in-variables perspective

In this book, we present several new empirical models and new estimation methods for financial models of returns. Our new empirical models are based on a generalized version of the Hausman test using higher moments and cumulants. Our methods rely on higher moments and cumulants ...

The development and testing of Heckscher-Ohlin trade models

No names are more closely associated with modern trade theory than Eli Heckscher and Bertil Ohlin. The basic Heckscher-Ohlin proposition, according to which a country exports factors in abundant supply and imports factors in scarce supply, is a key component of modern trade theory. In ...

Mostly harmless econometrics

an empiricist's companion

The core methods in today's econometric toolkit are linear regression for statistical control, instrumental variables methods for the analysis of natural experiments, and differences-in-differences methods that exploit policy changes. In the modern experimentalist paradigm, these techniques address clear causal questions such as: Do smaller ...

Financial Econometrics: From Basics to A

Financial econometrics is a quest for models that describe financial time series such as prices, returns, interest rates, and exchange rates. In Financial Econometrics, readers will be introduced to this growing discipline and the concepts and theories associated with it, including background material on probability ...

The refinement of econometric estimation and test procedures

finite sample and asymptotic analysis

The small sample properties of estimators and tests are frequently too complex to be useful or are unknown. Much econometric theory is therefore developed for very large or asymptotic samples where it is assumed that the behaviour of estimators and tests will adequately represent their ...

Advances in economics and econometrics

theory and applications. Ninth World Congress. Volumen II

This is the second of three volumes containing edited versions of papers and a commentary presented at invited symposium sessions of the Ninth World Congress of the Econometric Society, held in London in August 2005. The papers summarize and interpret key developments, and they discuss ...

Real analysis with economic applications

There are many mathematics textbooks on real analysis, but they focus on topics not readily helpful for studying economic theory or they are inaccessible to most graduate students of economics. Real Analysis with Economic Applications aims to fill this gap by providing an ideal textbook ...

Bayesian econometric methods

This book is a volume in the Econometric Exercises series. It teaches principles of Bayesian econometrics by posing a series of theoretical and applied questions, and providing detailed solutions to those questions. This text is primarily suitable for graduate study in econometrics, though it can ...

Econometric modeling

a likelihood approach

Econometric Modeling provides a new and stimulating introduction to econometrics, focusing on modeling. The key issue confronting empirical economics is to establish sustainable relationships that are both supported by data and interpretable from economic theory. The unified likelihood-based approach of this book gives students the ...