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Specification, Estimation, and Analysis of Macroeconomic Models

Af: Ray C. Fair Engelsk Hardback

Specification, Estimation, and Analysis of Macroeconomic Models

Af: Ray C. Fair Engelsk Hardback
Tjek vores konkurrenters priser
This book gives a practical, applications-oriented account of the latest techniques for estimating and analyzing large, nonlinear macroeconomic models. Ray Fair demonstrates the application of these techniques in a detailed presentation of several actual models, including his United States model, his multicountry model, Sargent's classical macroeconomic model, autoregressive and vector autoregressive models, and a small (twelve equation) linear structural model. He devotes a good deal of attention to the difficult and often neglected problem of moving from theoretical to econometric models. In addition, he provides an extensive discussion of optimal control techniques and methods for estimating and analyzing rational expectations models. A computer program that handles all the techniques in the book is available from the author, making it possible to use the techniques with little additional programming. The book presents the logic of this program. A smaller program for personal microcomputers for analysis of Fair's United States model is available from Urban Systems Research & Engineering, Inc. Anyone wanting to learn how to use large macroeconomic models, including researchers, graduate students, economic forecasters, and people in business and government both in the United States and abroad, will find this an essential guidebook.
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This book gives a practical, applications-oriented account of the latest techniques for estimating and analyzing large, nonlinear macroeconomic models. Ray Fair demonstrates the application of these techniques in a detailed presentation of several actual models, including his United States model, his multicountry model, Sargent's classical macroeconomic model, autoregressive and vector autoregressive models, and a small (twelve equation) linear structural model. He devotes a good deal of attention to the difficult and often neglected problem of moving from theoretical to econometric models. In addition, he provides an extensive discussion of optimal control techniques and methods for estimating and analyzing rational expectations models. A computer program that handles all the techniques in the book is available from the author, making it possible to use the techniques with little additional programming. The book presents the logic of this program. A smaller program for personal microcomputers for analysis of Fair's United States model is available from Urban Systems Research & Engineering, Inc. Anyone wanting to learn how to use large macroeconomic models, including researchers, graduate students, economic forecasters, and people in business and government both in the United States and abroad, will find this an essential guidebook.
Produktdetaljer
Sprog: Engelsk
Sider: 384
ISBN-13: 9780674831803
Indbinding: Hardback
Udgave:
ISBN-10: 0674831802
Udg. Dato: 24 apr 1984
Længde: 0mm
Bredde: 156mm
Højde: 235mm
Forlag: Harvard University Press
Oplagsdato: 24 apr 1984
Forfatter(e): Ray C. Fair
Forfatter(e) Ray C. Fair


Kategori Matematisk modellering


ISBN-13 9780674831803


Sprog Engelsk


Indbinding Hardback


Sider 384


Udgave


Længde 0mm


Bredde 156mm


Højde 235mm


Udg. Dato 24 apr 1984


Oplagsdato 24 apr 1984


Forlag Harvard University Press

Kategori sammenhænge