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Dynamic Model Analysis: Advanced Matrix Methods and Unit-Root Econometrics Representation Theorems
Paperback
Personal FinanceGeneral MathematicsProbability & Statistics
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ISBN10: 3642099483
ISBN13: 9783642099489
Publisher: Springer
Published: Oct 19 2010
Pages: 218
Weight: 0.72
Height: 0.48 Width: 6.14 Depth: 9.21
Language: English
ISBN13: 9783642099489
Publisher: Springer
Published: Oct 19 2010
Pages: 218
Weight: 0.72
Height: 0.48 Width: 6.14 Depth: 9.21
Language: English
This second edition sees the light three years after the first one: too short a time to feel seriously concerned to redesign the entire book, but sufficient to be challenged by the prospect of sharpening our investigation on the working of econometric dynamic models and to be inclined to change the title of the new edition by dropping the Topics in of the former edition. After considerable soul searching we agreed to include several results related to topics already covered, as well as additional sections devoted to new and sophisticated techniques, which hinge mostly on the latest research work on linear matrix polynomials by the second author. This explains the growth of chapter one and the deeper insight into representation theorems in the last chapter of the book. The rôle of the second chapter is that of providing a bridge between the mathematical techniques in the backstage and the econometric profiles in the forefront of dynamic modelling. For this purpose, we decided to add a new section where the reader can find the stochastic rationale of vector autoregressive specifications in econometrics. The third (and last) chapter improves on that of the first edition by re- ing the fruits of the thorough analytic equipment previously drawn up.
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