Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Methods and Applications of Economic Dynamics: Workshop: Invited Papers

Methods and Applications of Economic Dynamics: Workshop: Invited Papers

Schoonbeek, L.
Kuipers, S. K.
Sterken, E.

Paperback

Series: Contributions to Economic Analysis, Book 228

Economics

ISBN10: 0444814655
ISBN13: 9780444814654
Publisher: Emerald Pub Ltd
Published: Feb 3 1995
Pages: 340
Weight: 1.24
Height: 0.74 Width: 6.69 Depth: 9.61
Language: English
A discussion of various aspects of dynamic behavior of empirical macroeconomic, and in particular, macroeconometric models, is presented in this book. The book addresses in depth several theoretical and practical aspects concerning the modeling and analysis of long-run equilibrium behavior, adjustment dynamics and stability. Tools are developed to identify and interpret the main determinants of the dynamics of models. The tools involve, among others, error-correction mechanisms, eigenvalue analysis, feedback closure rules, graph theory, learning behavior, steady-state analysis, and stochastic simulation. Their usefulness is demonstrated by interesting applications to a number of well-known national and multi-national models.

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