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portada Structural Vector Autoregressive Analysis (Themes in Modern Econometrics)
Type
Physical Book
Author
Publisher
Year
2017
Language
English
Pages
754
Format
Paperback
Dimensions
23.4x16.3x4 cm
Weight
1.00 kg.
ISBN13
9781316647332
Categories

Structural Vector Autoregressive Analysis (Themes in Modern Econometrics)

Helmut Lütkepohl (Author) · Lutz Kilian (Author) · Cambridge University Press · Paperback

Structural Vector Autoregressive Analysis (Themes in Modern Econometrics) - Kilian, Lutz ; Lütkepohl, Helmut

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NT$ 3,351

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Synopsis "Structural Vector Autoregressive Analysis (Themes in Modern Econometrics) "

Structural vector autoregressive (VAR) models are important tools for empirical work in macroeconomics, finance, and related fields. This book not only reviews the many alternative structural VAR approaches discussed in the literature, but also highlights their pros and cons in practice. It provides guidance to empirical researchers as to the most appropriate modeling choices, methods of estimating, and evaluating structural VAR models. The book traces the evolution of the structural VAR methodology and contrasts it with other common methodologies, including dynamic stochastic general equilibrium (DSGE) models. It is intended as a bridge between the often quite technical econometric literature on structural VAR modeling and the needs of empirical researchers. The focus is not on providing the most rigorous theoretical arguments, but on enhancing the reader's understanding of the methods in question and their assumptions. Empirical examples are provided for illustration.

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