Long-Run Economic Relationships : Readings in Cointegration
Book Details
Format
Paperback / Softback
Book Series
Advanced Texts in Econometrics
ISBN-10
0198283393
ISBN-13
9780198283393
Publisher
Oxford University Press
Imprint
Oxford University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Oct 31st, 1991
Print length
308 Pages
Weight
480 grams
Dimensions
22.80 x 15.40 x 2.10 cms
Product Classification:
Econometrics
Ksh 14,950.00
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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. The authors present ideas in a non-technical way which will enable economists with training in econometrics to understand and appreciate current research.
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.
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