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Applied Macroeconometr ics by Carlo A. Favero (English) Hardcover Book
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Item specifics
- Condition
- ISBN-13
- 9780198775836
- Book Title
- Applied Macroeconometrics
- ISBN
- 9780198775836
- Publication Year
- 2001
- Type
- Textbook
- Format
- Hardcover
- Language
- English
- Publication Name
- Applied Macroeconometrics
- Item Height
- 242mm
- Publisher
- Oxford University Press
- Item Width
- 162mm
- Subject
- Economics
- Item Weight
- 578g
- Number of Pages
- 294 Pages
About this product
Product Information
This text provides graduate students of macroeconomics, econometrics, and monetary economics with discussion and practical illustrations of the techniques used in applied macroeconometrics. Until the 1970s, there was consensus regarding both the theoretical foundations and the empirical specification of applied macroeconometric modelling, commonly known as the Cowles Commission approach. This is no longer the case: the Cowles Commission approach broke down in the 1970s, to be replaced by a number of prominent competing methods--the LSE (London School of Economics) approach, the VAR approach, and the intertemporal optimization/Real Business Cycle approach. Applied Macroeconometrics examines the empirical research strategy of these alternatives by interpreting them as attempts to solve the problems observed in the Cowles Commission approach. The different research strategies are illustrated with specific reference to real-world examples, particularly with respect to the monetary transmission mechanism. A common US dataset is used in these examples, thus allowing the reader easy comparisons. The presentation is based on the view that identification, a central concept in econometrics, provides a natural framework in which to discuss the alternative strategies currently dominating research. The first part of the book introduces time-series models and details the importance of their identification. The second part illustrates, chapter by chapter, the alternative approaches, providing detailed applications of each methodology. Data used in the applications are available in a variety of formats from the author's web site, and will be supplemented by exercises for the reader to perform.
Product Identifiers
Publisher
Oxford University Press
ISBN-13
9780198775836
eBay Product ID (ePID)
96294363
Product Key Features
Publication Name
Applied Macroeconometrics
Format
Hardcover
Language
English
Subject
Economics
Publication Year
2001
Type
Textbook
Number of Pages
294 Pages
Dimensions
Item Height
242mm
Item Width
162mm
Item Weight
578g
Additional Product Features
Country/Region of Manufacture
United Kingdom
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Business seller information
Value Added Tax Number:
- AU 82107909133
- GB 293967539
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