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portada Robustness in Econometrics
Type
Physical Book
Publisher
Author
Language
English
Pages
705
Format
Paperback
Dimensions
23.4x15.6x3.6 cm
Weight
0.98 kg.
ISBN13
9783319844800
Categories

Robustness in Econometrics

Kreinovich, Vladik ; Sriboonchitta, Songsak ; Huynh, Van-Nam (Author) · Springer · Paperback

Robustness in Econometrics - Kreinovich, Vladik ; Sriboonchitta, Songsak ; Huynh, Van-Nam

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Synopsis "Robustness in Econometrics"

This book presents recent research on robustness in econometrics. Robust data processing techniques - i.e., techniques that yield results minimally affected by outliers - and their applications to real-life economic and financial situations are the main focus of this book. The book also discusses applications of more traditional statistical techniques to econometric problems.Econometrics is a branch of economics that uses mathematical (especially statistical) methods to analyze economic systems, to forecast economic and financial dynamics, and to develop strategies for achieving desirable economic performance. In day-by-day data, we often encounter outliers that do not reflect the long-term economic trends, e.g., unexpected and abrupt fluctuations. As such, it is important to develop robust data processing techniques that can accommodate these fluctuations.

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