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A Continuous Time Econometric Model of the United Kingdom with Stochastic Trends

By: Albert Rex Bergstrom (Author) , UK) Nowman Khalid Ben (Westminster Business School (Author)

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Ksh 19,700.00

Format: Hardback or Cased Book

ISBN-13: 9780521875493

Publisher: Cambridge University Press

Publication Date: Apr 16th, 2007

Weight: 480 grams

Dimension: 21.60 x 14.00 x 2.20 cms

Category: Economic statistics

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This monograph presents a continuous time macroeconometric model of the United Kingdom incorporating stochastic trends. It describes the model in detail to permit a rigorous mathematical analysis of its steady-state and stability properties, thus providing a valuable check on the capacity of the model to generate plausible long-run behaviour.

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