The main problem in econometric modelling of time series is discovering sustainable and interpretable relationships between observed economic variables. The pri

For Masters and PhD students in EconomicsIn this textbook, the duality between the equilibrium concept used in dynamic economic theory and the stationarity of e

Many relationships in economics, and also in other fields, are both dynamic and nonlinear. A major advance in econometrics over the last fifteen years has been

Written by one of the leading experts in the field, this book focuses on the interplay between model specification, data collection, and econometric testing of

Foundations of Dynamic Economic Analysis presents a modern and thorough exposition of the fundamental mathematical formalism used to study optimal control theor