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Advances in Non-Linear Economic Modeling: Theory and Applications

Advances in Non-Linear Economic Modeling: Theory and Applications

Hardcover

Series: Dynamic Modeling and Econometrics in Economics and Finance, Book 17

Economics

ISBN10: 3642420389
ISBN13: 9783642420382
Publisher: Springer Nature
Published: Dec 30 2013
Pages: 262
Weight: 1.23
Height: 0.63 Width: 6.14 Depth: 9.21
Language: English
In recent years nonlinearities have gained increasing importance in economic and econometric research, particularly after the financial crisis and the economic downturn after 2007. This book contains theoretical, computational and empirical papers that incorporate nonlinearities in econometric models and apply them to real economic problems. It intends to serve as an inspiration for researchers to take potential nonlinearities in account. Researchers should be aware of applying linear model-types spuriously to problems which include non-linear features. It is indispensable to use the correct model type in order to avoid biased recommendations for economic policy.

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