Publication

2005-08-25 - Palgrave Macmillan

Language

English

Word Count

64,000 words, Guess

Page Count

256 pages

Physical Format

Hardcover

Identifiers

and 2 more
  • Library of Congress Control Number2004056896
  • Goodreads2605896

Classifications

  • LCCHB139-141QA276-280HB

Description

Cointegration, equilibrium and equilibrium correction are key concepts in modern applications of econometrics to real world problems. This book provides direction and guidance to the now vast literature facing students and graduate economists. Econometric theory is linked to practical issues such as how to identify equilibrium relationships, how to deal with structural breaks associated with regime changes and what to do when variables are of different orders of integration.

Subjects

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