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Long-Run Economic Relationships

Name: Long-Run Economic Relationships
Brand: Oxford University Press
SKU: 04524893
Price: 126.32 EUR
Availability: InStock
Author: R. F. Engle
ISBN: 9780198283393

Readings in Cointegration

R. F. Engle

Language

English

Book Paperback

Libristo code: 04524893

Publishers Oxford University Press, October 1991

This is a survey of recent developments in the field of cointegration, which links long run componen... Full description

Libristo code: 04524893

306 b

126.32 €

247.07 лв

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This is a survey of recent developments in the field of cointegration, which links long run components of a pair or of a group of series. It can then be used to discuss some types of equilibrium and to introduce them into time-series models in a fairly uncontroversial way. The idea was introduced in the early 1980s and has generated much interest since then amongst econometricians and macroeconomists. The authors discuss the basic ideas in their introduction, and the final chapters review the most recent developments in the field in a non-technical way that will enable economists with some training in modern econometrics to understand and appreciate these developments.