Finite sample econometrics

ÍNDICE: 1.Introduction 2.Finite Sample Moments 3.Finite Sample Distributions 4.Regression Model 5.Models with Nonscalar Covariance Matrix of Errors 6.Dynamic Time Series Model 7.Simultaneous Equations Model

Computational methods in statistics and econometrics

Reflecting current technological capacities and analytical trends, Computational Methods in Statistics and Econometrics showcases Monte Carlo and nonparametric statistical methods for models, simulations, analyses, and interpretations of statistical and econometric data#benefiting from straightforward explanations of mathematical concepts, hundreds of figures and tables, and a ...

Hierarchical modeling and analysis for spatial data

Among the many uses of hierarchical modeling, their application to the statistical analysis of spatial and spatio-temporal data from areas such as epidemiology And environmental science has proven particularly fruitful. Yet to date, the few books that address the subject have been either too narrowly ...

Credit risk modeling

theory and applications

David Lando considers the two broad approaches to credit risk analysis: that based on classical option pricing models on the one hand, and on a direct modeling of the default probability of issuers on the other. He offers insights that can be drawn from each ...

Diagnostic checks in time series

Diagnostic checking is an important step in the modeling process. But while the literature on diagnostic checks is quite extensive and many texts on time series modeling are available, it still remains difficult to find a book that adequately covers methods for performing diagnostic checks ...

State space and unobserved component models

theory and applications

This volume offers a broad overview of the state-of-the-art developments in the theory and applications of state space modeling. With fourteen chapters from twenty-three contributors, it offers a unique synthesis of state space methods and unobserved component models that are important in a wide range ...

Mesuring the tax burden on capital and labor

Today's highly complicated tax codes have led economists and policy makers depend on simplified summary measures in order to understand how taxes affect the economy. Studies of the effective tax rate--that is, a measurement of the net amount of tax levied on certain economic ...

Economics as an agent-based complex system

toward agent-based social systems sciences

In agent-based modeling the focus is very much on agent-based simulation, as simulation is a very important tool for agent-based modeling. We also use agent-based simulation in this book with a stress on the mathematical foundation of agent-based modeling. We introduce two original mathematical frameworks ...

The econometrics of sequential trade models

theory and applications using high frequency data

The book inquires the consequences of speculative trading based on private information about financial asset markets. It presents an extensive and thorough discussion of theoretical and empirical methods used in previous studies on sequential trade models. The text also introduces a new framework for estimation ...

Business forecasting

Written in a simple, straightforward style this text makes extensive use of practical business examples to present the basic statistical techniques, that are useful for preparing individual business forecasts and long-range plans. For undergraduate- or graduate-level courses in Business Forecasting, found in Decision Science or ...

Risk analysis in theory and practice

Applied Risk Analysis explores the role of risk in resource allocation. It covers conceptual and empirical analyses of economic behavior under risk and the implications of risk for management and policy decisions. Special attention is given to the role of imperfect information in the decision-making ...

Applied time series econometrics

Time series econometrics is a rapidly evolving field. Particularly, the cointegration revolution has had a substantial impact on applied analysis. Hence, no textbook has managed to cover the full range of methods in current use and explain how to proceed in applied domains. This gap ...

Welfare measurement in imperfect markets

a growth theoretical approach

This book cleverly integrates the research on welfare measurement and social accounting in imperfect market economies. In their previously acclaimed volume, Welfare Measurement, Sustainability and Green National Accounting, the authors focused on the external effects associated with environmental damage and analysed their role in the ...

The measurement of economic relationships

The Measurement of Economic Relationships presents a critical review of the established approach to measuring relationships in business and economics and of the one that preceded it. The first approach is based on the notion of a process "generating" the observations in a certain "random ...

La toma de decisiones en la práctica

Ante la enorme dificultad que para el estudiante tienen las materias de carácter cuantitativo y, en especial, las relacionadas con la Matemática Financiera y la Teoría Decisional,ofrecemos al estudiante, y pensando exclusivamente en él,esta obra totalmente práctica de manera que,a través de ...

Indices and indicators in development

an unherlthy obsession with numbers

The use of numbers to condense complex systems into easily digested 'bites' of information is very much in fashion. At one level they are intended to enhance transparency, accountability and local democracy, while at another they provide a means of enhancing performance. However, all indicators ...

Complexity in economics

Complex dynamics in economics arise from nonlinear systems that do not converge to a fixed point, a limit cycle, or explode or implode exponentially due to endogenous factors. They arise from cybernetics, catastrophe theory, chaos theory, or the varieties of modern complexity theory, including models ...

Investigación operativa

modelos determinísticos y estocásticos

Esta obra nos introduce en el conocimiento de los modelos deterministas y estocásticos de la Investigación Operativa cuyos orígenes se encuentran en los primeros intentos de aplicar el método científico a problemas de planificación empresarial en los comienzos del siglo pasado. Libro adecuado para profesionales ...

Dynamic economic models in discrete time

theory and empirical applications

This new book will be welcomed by econometricians and students of econometrics everywhere. Introducing discrete time modelling techniques and bridging the gap between economics and econometric literature, this ambitious book is sure to be an invaluable resource for all those to whom the terms unit ...

Guide to econometrics

This fifth edition updates the contents and references throughout, while retaining the basic structure and flavour of earlier editions. New chapters on panel data and applied econometrics expand the text's coverage, while other chapters are significantly revised. With these new revisions, the text should ...