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Economics/Finances Time-Series-Based Econometrics: Unit Roots and Co-Integrations
Posted on 2010-03-16
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More Time-Series-Based Econometrics: Unit Roots and Co-Integrations Although there has been rapid development in the field of unit roots and cointegration, this progress has taken divergent directions, and has been subjected to criticism. This monograph clearly relates cointegration to economic theories and describes cointegrated regression as a revolution in econometric methods for macroeconomics. It provides a guide for the selection of appropriate inference methods to study macroeconomic relations. The discussion of unit roots and cointegration starts from first principles, builds up explanations of concepts and techniques step-by-step, and ultimately shows how the techniques have been applied to economic studies. My Links To thank me use my links, please!
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