A Continuous Time Econometric Model of the United Kingdom with Stochastic Trends
| Author | : Albert Rex Bergstrom |
| Publisher | : Cambridge University Press |
| Total Pages | : 315 |
| Release | : 2007-04-16 |
| ISBN-10 | : 9780521875493 |
| ISBN-13 | : 0521875498 |
| Rating | : 4/5 (498 Downloads) |
Book Synopsis A Continuous Time Econometric Model of the United Kingdom with Stochastic Trends by : Albert Rex Bergstrom
Download or read book A Continuous Time Econometric Model of the United Kingdom with Stochastic Trends written by Albert Rex Bergstrom and published by Cambridge University Press. This book was released on 2007-04-16 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph presents a continuous time macroeconometric model of the United Kingdom incorporating stochastic trends. It describes the model in detail to permit a rigorous mathematical analysis of its steady-state and stability properties, thus providing a valuable check on the capacity of the model to generate plausible long-run behaviour.