Forecasting In The Presence Of Structural Breaks And Policy Regime Shifts
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Author | : David E. Rapach |
Publisher | : Emerald Group Publishing |
Total Pages | : 691 |
Release | : 2008-02-29 |
Genre | : Business & Economics |
ISBN | : 1849505403 |
Forecasting in the presence of structural breaks and model uncertainty are active areas of research with implications for practical problems in forecasting. This book addresses forecasting variables from both Macroeconomics and Finance, and considers various methods of dealing with model instability and model uncertainty when forming forecasts.
Author | : Donald W. K. Andrews |
Publisher | : Cambridge University Press |
Total Pages | : 606 |
Release | : 2005-06-17 |
Genre | : Business & Economics |
ISBN | : 9780521844413 |
This 2005 collection pushed forward the research frontier in four areas of theoretical econometrics.
Author | : Jennifer Castle |
Publisher | : Oxford University Press |
Total Pages | : 464 |
Release | : 2009-04-30 |
Genre | : Business & Economics |
ISBN | : 0199237190 |
Building upon, and celebrating the work of David Hendry, this volume consists of a number of specially commissioned pieces from some of the leading econometricians in the world. It reflects on the recent advances in econometrics and considers the future progress for the methodology of econometrics.
Author | : Michael P. Clements |
Publisher | : OUP USA |
Total Pages | : 732 |
Release | : 2011-07-08 |
Genre | : Business & Economics |
ISBN | : 0195398645 |
Greater data availability has been coupled with developments in statistical theory and economic theory to allow more elaborate and complicated models to be entertained. These include factor models, DSGE models, restricted vector autoregressions, and non-linear models.
Author | : Steven Durlauf |
Publisher | : Springer |
Total Pages | : 417 |
Release | : 2016-04-30 |
Genre | : Business & Economics |
ISBN | : 0230280838 |
Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.
Author | : Walter Krämer |
Publisher | : Springer Science & Business Media |
Total Pages | : 134 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 3642484123 |
Econometric models are made up of assumptions which never exactly match reality. Among the most contested ones is the requirement that the coefficients of an econometric model remain stable over time. Recent years have therefore seen numerous attempts to test for it or to model possible structural change when it can no longer be ignored. This collection of papers from Empirical Economics mirrors part of this development. The point of departure of most studies in this volume is the standard linear regression model Yt = x;fJt + U (t = I, ... , 1), t where notation is obvious and where the index t emphasises the fact that structural change is mostly discussed and encountered in a time series context. It is much less of a problem for cross section data, although many tests apply there as well. The null hypothesis of most tests for structural change is that fJt = fJo for all t, i.e. that the same regression applies to all time periods in the sample and that the disturbances u are well behaved. The well known Chow test for instance assumes t that there is a single structural shift at a known point in time, i.e. that fJt = fJo (t
Author | : |
Publisher | : Springer |
Total Pages | : 7493 |
Release | : 2016-05-18 |
Genre | : Law |
ISBN | : 1349588024 |
The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
Author | : Timothy D. Lyons |
Publisher | : Oxford University Press |
Total Pages | : 401 |
Release | : 2021 |
Genre | : Science |
ISBN | : 0190946814 |
Scientific realists claim we can justifiably believe that science is getting at the truth. However, they have faced historical challenges: various episodes across history appear to demonstrate that even strongly supported scientific theories can be overturned and left behind. In response, realists have developed new positions and arguments. As a result of specific challenges from the history of science, and realist responses, we find ourselves with an ever-increasing dataset bearing on the (possible) relationship between science and truth. The present volume introduces new historical cases impacting the debate and advances the discussion of cases that have only very recently been introduced. At the same time, shifts in philosophical positions affect the very kind of case study that is relevant. Thus, the historical work must proceed hand in hand with philosophical analysis of the different positions and arguments in play. It is with this in mind that the volume is divided into two sections, entitled Historical Cases for the Debate and Contemporary Scientific Realism. All sides agree that historical cases are informative with regard to how, or whether, science connects with truth. Defying proclamations as early as the 1980s announcing the death knell of the scientific realism debate, here is that rare thing: a philosophical debate making steady and definite progress. Moreover, the progress it is making concerns one of humanity's most profound and important questions: the relationship between science and truth, or, put more boldly, the epistemic relation between humankind and the reality in which we find ourselves.
Author | : Liming Wang |
Publisher | : Routledge |
Total Pages | : 448 |
Release | : 2012-03-12 |
Genre | : Business & Economics |
ISBN | : 1136503625 |
China's rapid and sustained growth over last thirty years has propelled it to become the world's second largest economy today and potentially the largest in the foreseeable future. As one of the first major economies pulling out of recession and the last remaining major socialist country in the world today, China presents a challenge to established thinking on the essential primacy of global capitalism and the settled nature of the world system - as China becomes more integrated into the world economy and the international system, both are themselves potentially transformed as a result of China’s involvement. This book explores a wide range of issues connected with the impact of China on the global economy and the prevailing international system. Subjects covered include China’s multinationals, international acquisitions, the exchange rate, research and development and technology transfer, China’s emerging major business groupings, and small and medium sized enterprises.
Author | : Harold Kincaid |
Publisher | : Oxford Handbooks Online |
Total Pages | : 689 |
Release | : 2009-03-26 |
Genre | : Business & Economics |
ISBN | : 0195189256 |
This volume is the first comprehensive, cohesive, and accessible reference source to the philosophy of economics, presenting important new scholarship by top scholars.