The Cointegrated VAR Model: Methodology and Applications by Katarina Juselius PDF

By Katarina Juselius

ISBN-10: 0199285667

ISBN-13: 9780199285662

ISBN-10: 0199285675

ISBN-13: 9780199285679

This invaluable textual content offers a accomplished creation to VAR modelling and the way it may be utilized. specifically, the writer specializes in the houses of the Cointegrated VAR version and its implications for macroeconomic inference while information are non-stationary. The textual content offers a few insights into the hyperlinks among statistical econometric modelling and monetary thought and offers a radical therapy of id of the long-run and short-run constitution as
well as of the typical stochastic tendencies and the impulse reaction services, delivering in every one case illustrations of applicability.

This publication provides the most components of the Copenhagen college of Time-Series Econometrics in a clear and coherent framework. The distinguishing function of this faculty is that econometric conception and purposes were built in shut cooperation. The guideline is that reliable econometric paintings should still take econometrics, associations, and economics heavily. the writer makes use of a unmarried information set all through many of the booklet to lead the reader during the econometric conception while
also revealing the complete implications for the underlying monetary version. to check ascertain complete figuring out the publication concludes with the creation of 2 new information units to mix readers figuring out of econometric thought and financial types, with financial reality.

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The Cointegrated VAR Model: Methodology and Applications (Advanced Texts in Econometrics) by Katarina Juselius


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