Time-series-based econometrics : unit roots and co-integrations / Michio Hatanaka.
Material type: TextSeries: Advanced texts in econometricsPublication details: Oxford : Oxford University Press, 2003.Description: xii, 294 p. : ill. ; 24 cmISBN:- 9780198773535
- 330.015195 23 H361
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330.015195 H263 Econometric analysis of recurrent events in macroeconomics and finance / | 330.015195 H279 Nonstationary time series analysis and cointegration / | 330.015195 H341 Readings in unobserved components models / | 330.015195 H361 Time-series-based econometrics : | 330.015195 H413 Econometrics | 330.015195 H449 Handbook of econometrics | 330.015195 H449 Handbook of econometrics |
Includes bibliographical references and indexes.
pt. I. Unit-Root Tests in Univariate Analysis.
1. Stochastic Trend and Overview of Part I.
2. Trend Stationarity vs. Difference Stationarity.
3. Discrimination in Terms of the Long-Run Component: A Test for Trend Stationarity.
4. Unit-Root Asymptotic Theories (I).
5. Regression Approach to the Test for Difference Stationarity (I).
6. Unit-Root Asymptotic Theories (II).
7. Regression Approach to the Test for Difference Stationarity (II).
8. Viewing the Discrimination as a Model Selection Problem Including Deterministic Trends.
9. Results of the Model Selection Approach.
10. Bayesian Discrimination --
pt. II. Co-Integration Analysis in Econometrics.
11. Different Modelling Strategies on Multiple Relationships.
12. Conceptual Framework of the Co-Integration and its Relation to Economic Theories.
13. Asymptotic Inference Theories on Co-Integrated Regressions.
14. Inference on Dynamic Econometric Models.
15. Maximum-Likelihood Inference Theory of Co-Integrated VAR --
Appendices.
There have been rapid and enormous developments in the field of unit roots and cointegration, but this progress has taken divergent directions, and has been subjected to criticism from outside the field. This book responds to those criticisms providing a guide for the selection of appropriate inference methods to study macroeconomic relations.
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