Econometric Models of Cyclical Behavior

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Publisher :
ISBN 13 :
Total Pages : 624 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Econometric Models of Cyclical Behavior by : Bert G. Hickman

Download or read book Econometric Models of Cyclical Behavior written by Bert G. Hickman and published by . This book was released on 1972 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conference report on dynamically stable econometrics models of business cycles in the USA and their forecasting properties - examines methodologycal problems, analyses stochastic and non-stochastic simulations in respect of economic policy, etc., and stresses the need for further studies and research. Diagrams, references and statistical tables. Conference held in Cambridge 1969 November 14 and 15.

Econometric Models of Cyclical Behavior

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Publisher :
ISBN 13 : 9780870142574
Total Pages : 688 pages
Book Rating : 4.1/5 (425 download)

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Book Synopsis Econometric Models of Cyclical Behavior by : Social Science Research Council (U.S.). Committee on Economic Stability

Download or read book Econometric Models of Cyclical Behavior written by Social Science Research Council (U.S.). Committee on Economic Stability and published by . This book was released on 1972 with total page 688 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conference report on dynamically stable econometrics models of business cycles in the USA and their forecasting properties - examines methodologycal problems, analyses stochastic and non-stochastic simulations in respect of economic policy, etc., and stresses the need for further studies and research. Diagrams, references and statistical tables. Conference held in Cambridge 1969 November 14 and 15.

Econometric Models of Cyclical Behavior

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Publisher :
ISBN 13 : 9780870142574
Total Pages : pages
Book Rating : 4.1/5 (425 download)

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Book Synopsis Econometric Models of Cyclical Behavior by : Bert G. Hickman

Download or read book Econometric Models of Cyclical Behavior written by Bert G. Hickman and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Econometric Models of Cyclical Behavior

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Publisher :
ISBN 13 :
Total Pages : 674 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Econometric Models of Cyclical Behavior by : Bert G. Hickman

Download or read book Econometric Models of Cyclical Behavior written by Bert G. Hickman and published by . This book was released on 1972 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conference report on dynamically stable econometrics models of business cycles in the USA and their forecasting properties - examines methodologycal problems, analyses stochastic and non-stochastic simulations in respect of economic policy, etc., and stresses the need for further studies and research. Diagrams, references and statistical tables. Conference held in Cambridge 1969 November 14 and 15.

Econometric Model Performance

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Publisher : University of Pennsylvania Press
ISBN 13 : 1512803561
Total Pages : 416 pages
Book Rating : 4.5/5 (128 download)

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Book Synopsis Econometric Model Performance by : Lawrence R. Klein

Download or read book Econometric Model Performance written by Lawrence R. Klein and published by University of Pennsylvania Press. This book was released on 2016-11-11 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Models of the American economy exist in government, research institutes, universities, and private corporations. Given the proliferation, it is wise to take stock because these models come from diverse sources and describe different conditions from alternative points of view. They could be saying different things about the economy. The high-level comparative studies in this volume, gathered from several issues of the International Economic Review, with a substantive introduction and the addition of more comparative material, evaluate the performance of eleven models of the American economy: the Wharton Mark Ill Model; Brookings Model; Hickman-Coen Annual Model; Liu-Hwa Monthly Model; Data Resources, Inc. (DRI) Model; Federal Reserve Bank of St. Louis Model; Michigan Quarterly Econometric (MOEM) Model; Wharton Annual and Industry Model; Anticipation Version of the Wharton Mark Ill Model/Fair Model; U.S. Department of Commerce (BEA) Model. Each of the proprietors or builders of these models describes his own system in his own words. These studies come closer than ever before to standardizing model operations for testing purposes. Some of the models are monthly, while others are annual. but the quarterly unit of time is the most frequent. Some are demand oriented, others are supply oriented, and focus on the input-output sectors of the economy. Some use only observed. objective data; others use subjective. anticipatory data. Both large and small models are included. In spite of the diversity, the contributors have cooperated to trace the differences between their models to root causes and to report jointly the results of their research. There are also some general papers that look at model performance from outside the CEME group.

Specification, Estimation, and Analysis of Macroeconometric Models

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Publisher : Harvard University Press
ISBN 13 : 9780674831803
Total Pages : 504 pages
Book Rating : 4.8/5 (318 download)

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Book Synopsis Specification, Estimation, and Analysis of Macroeconometric Models by : Ray C. Fair

Download or read book Specification, Estimation, and Analysis of Macroeconometric Models written by Ray C. Fair and published by Harvard University Press. This book was released on 1984 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gives a practical, applications-oriented account of the latest techniques for estimating and analyzing large, nonlinear macroeconomic models. Ray Fair demonstrates the application of these techniques in a detailed presentation of several actual models, including his United States model, his multicountry model, Sargent's classical macroeconomic model, autoregressive and vector autoregressive models, and a small (twelve equation) linear structural model. He devotes a good deal of attention to the difficult and often neglected problem of moving from theoretical to econometric models. In addition, he provides an extensive discussion of optimal control techniques and methods for estimating and analyzing rational expectations models. A computer program that handles all the techniques in the book is available from the author, making it possible to use the techniques with little additional programming. The book presents the logic of this program. A smaller program for personal microcomputers for analysis of Fair's United States model is available from Urban Systems Research & Engineering, Inc. Anyone wanting to learn how to use large macroeconomic models, including researchers, graduate students, economic forecasters, and people in business and government both in the United States and abroad, will find this an essential guidebook.

Simplicity of Complexity in Economic and Social Systems

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Publisher : Springer Nature
ISBN 13 : 3030561607
Total Pages : 130 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Simplicity of Complexity in Economic and Social Systems by : Dariusz Grech

Download or read book Simplicity of Complexity in Economic and Social Systems written by Dariusz Grech and published by Springer Nature. This book was released on 2020-11-08 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the Proceedings of the 54th Winter School of Theoretical Physics on Simplicity of Complexity in Economic and Social Systems, held in Lądek Zdrój, Poland, from 18 to 24 February 2018. The purpose of the book is to introduce the new interdisciplinary research that links statistical physics, and particular attention is given to link physics of complex systems, with financial analysis and sociology. The main tools used in these areas are numerical simulation of agents behavior and the interpretation of results with the help of complexity methods, therefore a background in statistical physics and in physics of phase transition is necessary to take the first steps towards these research fields called econophysics and sociophysics. In this perspective, the book is intended to graduated students and young researchers who want to begin the study of this established new area, which connects physicists, economists, sociologists and IT professionals, to better understand complexity phenomena existing not only in physics but also in complex systems being seemingly far from traditional view at physics.

Handbook of Econometrics

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Publisher : Elsevier
ISBN 13 : 9780444861856
Total Pages : 804 pages
Book Rating : 4.8/5 (618 download)

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Book Synopsis Handbook of Econometrics by : Zvi Griliches

Download or read book Handbook of Econometrics written by Zvi Griliches and published by Elsevier. This book was released on 1983 with total page 804 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook is a definitive reference source and teaching aid for econometricians. It examines models, estimation theory, data analysis and field applications in econometrics. Comprehensive surveys, written by experts, discuss recent developments at a level suitable for professional use by economists, econometricians, statisticians, and in advanced graduate econometrics courses.

Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States

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Publisher : International Monetary Fund
ISBN 13 : 1455205435
Total Pages : 40 pages
Book Rating : 4.4/5 (552 download)

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Book Synopsis Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States by : Mr.Jens R. Clausen

Download or read book Cyclical Behavior of Inventories and Growth Projections Recent Evidence From Europe and the United States written by Mr.Jens R. Clausen and published by International Monetary Fund. This book was released on 2010-09-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the United States and a few European countries, inventory behavior is mainly the outcome of demand shocks: a standard buffer-stock model best characterizes these economies. But most European countries are described by a modified buffer-stock model where supply shocks dominate. In contrast to the United States, inventories boost growth with a one-year lag in Europe. Moreover, inventories provide limited information to improve growth forecasts particularly when a modified buffer-stock model characterizes inventory behavior.

Forecasting Economic Time Series

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Publisher : Academic Press
ISBN 13 : 1483273245
Total Pages : 353 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Forecasting Economic Time Series by : C. W. J. Granger

Download or read book Forecasting Economic Time Series written by C. W. J. Granger and published by Academic Press. This book was released on 2014-05-10 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Theory, Econometrics, and Mathematical Economics, Second Edition: Forecasting Economic Time Series presents the developments in time series analysis and forecasting theory and practice. This book discusses the application of time series procedures in mainstream economic theory and econometric model building. Organized into 10 chapters, this edition begins with an overview of the problem of dealing with time series possessing a deterministic seasonal component. This text then provides a description of time series in terms of models known as the time-domain approach. Other chapters consider an alternative approach, known as spectral or frequency-domain analysis, that often provides useful insights into the properties of a series. This book discusses as well a unified approach to the fitting of linear models to a given time series. The final chapter deals with the main advantage of having a Gaussian series wherein the optimal single series, least-squares forecast will be a linear forecast. This book is a valuable resource for economists.

Comparative Performance of U.S. Econometric Models

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Publisher : Oxford University Press, USA
ISBN 13 : 0195057724
Total Pages : 338 pages
Book Rating : 4.1/5 (95 download)

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Book Synopsis Comparative Performance of U.S. Econometric Models by : Lawrence Robert Klein

Download or read book Comparative Performance of U.S. Econometric Models written by Lawrence Robert Klein and published by Oxford University Press, USA. This book was released on 1991 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Each year, a number of different economic groups in the USA use their own econometric models to forecast what will happen to the economy in the coming year. This volume consists of chapters by distinguished economists comparing the different models now being used.

Simplicity, Inference and Modelling

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Publisher : Cambridge University Press
ISBN 13 : 1139432389
Total Pages : 314 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Simplicity, Inference and Modelling by : Arnold Zellner

Download or read book Simplicity, Inference and Modelling written by Arnold Zellner and published by Cambridge University Press. This book was released on 2002-02-07 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: The idea that simplicity matters in science is as old as science itself, with the much cited example of Ockham's Razor, 'entia non sunt multiplicanda praeter necessitatem': entities are not to be multiplied beyond necessity. A problem with Ockham's razor is that nearly everybody seems to accept it, but few are able to define its exact meaning and to make it operational in a non-arbitrary way. Using a multidisciplinary perspective including philosophers, mathematicians, econometricians and economists, this 2002 monograph examines simplicity by asking six questions: what is meant by simplicity? How is simplicity measured? Is there an optimum trade-off between simplicity and goodness-of-fit? What is the relation between simplicity and empirical modelling? What is the relation between simplicity and prediction? What is the connection between simplicity and convenience? The book concludes with reflections on simplicity by Nobel Laureates in Economics.

The Structural Econometric Time Series Analysis Approach

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Publisher : Cambridge University Press
ISBN 13 : 9781139453431
Total Pages : 736 pages
Book Rating : 4.4/5 (534 download)

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Book Synopsis The Structural Econometric Time Series Analysis Approach by : Arnold Zellner

Download or read book The Structural Econometric Time Series Analysis Approach written by Arnold Zellner and published by Cambridge University Press. This book was released on 2004-10-21 with total page 736 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bringing together a collection of previously published work, this book provides a discussion of major considerations relating to the construction of econometric models that work well to explain economic phenomena, predict future outcomes and be useful for policy-making. Analytical relations between dynamic econometric structural models and empirical time series MVARMA, VAR, transfer function, and univariate ARIMA models are established with important application for model-checking and model construction. The theory and applications of these procedures to a variety of econometric modeling and forecasting problems as well as Bayesian and non-Bayesian testing, shrinkage estimation and forecasting procedures are also presented and applied. Finally, attention is focused on the effects of disaggregation on forecasting precision and the Marshallian Macroeconomic Model that features demand, supply and entry equations for major sectors of economies is analysed and described. This volume will prove invaluable to professionals, academics and students alike.

Dynamic Linear Economic Models

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Publisher : Routledge
ISBN 13 : 1351140701
Total Pages : 332 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis Dynamic Linear Economic Models by : James L. Kenkel

Download or read book Dynamic Linear Economic Models written by James L. Kenkel and published by Routledge. This book was released on 2018-04-09 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1974. This book provides a rigorous and detailed introductory treatment of the theory of difference equations and their applications in the construction and analysis of dynamic economic models. It explains the theory of linear difference equations and various types of dynamic economic models are then analysed. Including plenty of examples of application throughout the text, it will be of use to those working in macroeconomics and econometrics.

Symposium In Memory Of Kei Mori: Studies In Economic Dynamics

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Publisher : World Scientific
ISBN 13 : 9814550043
Total Pages : 162 pages
Book Rating : 4.8/5 (145 download)

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Book Synopsis Symposium In Memory Of Kei Mori: Studies In Economic Dynamics by : Lawrence R Klein

Download or read book Symposium In Memory Of Kei Mori: Studies In Economic Dynamics written by Lawrence R Klein and published by World Scientific. This book was released on 1995-05-31 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kei Mori pursued dual research interests as an economist and an engineer. During the 1960s he worked at the Keio University on problems of dynamic economics and anticipated many later developments in this field, both in the construction and application of macrodynamic models. He approached the problem from the point of view of both economics and control engineering. He had advanced ideas at an early stage in computer development about distributed processing, international data management, and control of the dynamic properties of economic systems. As a visiting scholar at the University of Pennsylvania during the late 1960s he participated fully in the new developments there in global model building.During the later years of his life he turned his attention to engineering research, harnessing sunlight for interior plant growth, but he left a lasting impression on economics. These accomplishments are commemorated in this volume by some of his Japanese colleagues and Lawrence Klein with whom he worked at the University of Pennsylvania.This volume contains papers by Kei Mori's colleagues Fumimosa Hamada and Kiroyuki Kosaka who interpreted and analyzed Kei Mori's dynamic models. In addition Mitsuo Saito and associates take up dynamic properties of asset-market models. It is rounded up with active discussions by leading Japanese economic scholars, and a reprinting of one of Kei Mori's original works in econometrics.

Evaluation of Econometric Models

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Publisher : Academic Press
ISBN 13 : 1483267342
Total Pages : 425 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Evaluation of Econometric Models by : Jan Kmenta

Download or read book Evaluation of Econometric Models written by Jan Kmenta and published by Academic Press. This book was released on 2014-05-10 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evaluation of Econometric Models presents approaches to assessing and enhancing the progress of applied economic research. This book discusses the problems and issues in evaluating econometric models, use of exploratory methods in economic analysis, and model construction and evaluation when theoretical knowledge is scarce. The data analysis by partial least squares, prediction analysis of economic models, and aggregation and disaggregation of nonlinear equations are also elaborated. This text likewise covers the comparison of econometric models by optimal control techniques, role of time series analysis in econometric model evaluation, and hypothesis testing in spectral regression. Other topics include the relevance of laboratory experiments to testing resource allocation theory and token economy and animal models for the experimental analysis of economic behavior. This publication is intended for students and researchers interested in evaluating econometric models.

Dynamic Economic Systems

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Publisher : Routledge
ISBN 13 : 1315496283
Total Pages : 398 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis Dynamic Economic Systems by : John M. Blatt

Download or read book Dynamic Economic Systems written by John M. Blatt and published by Routledge. This book was released on 2019-07-29 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: The future of the Common Law judicial system in Hong Kong depends on the perceptions of it by Hong Kong's Chinese population, judicial developments prior to July 1, 1997, when Hong Kong passes from British to Chinese control, and the Basic Law. These critical issues are addressed in this book.