General To Specific Modelling
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Author | : Julia Campos |
Publisher | : |
Total Pages | : 666 |
Release | : 2005 |
Genre | : Econometric models |
ISBN | : |
Download General-to-specific Modelling Book in PDF, Epub and Kindle
"This paper discusses the econometric methodology of general-to-specific modeling, in which the modeler simplifies an initially general model that adequately characterizes the empirical evidence within his or her theoretical framework. Central aspects of this approach include the theory of reduction, dynamic specification, model selection procedures, model selection criteria, model comparison, encompassing, computer automation, and empirical implementation. This paper thus reviews the theory of reduction, summarizes the approach of general-to-specific modeling, and discusses the econometrics of model selection, noting that general-to-specific modeling is the practical embodiment of reduction. This paper then summarizes fifty-seven articles key to the development of general-to-specific modeling"--Federal Reserve Board web site.
Author | : Wojciech Charemza |
Publisher | : Edward Elgar Publishing |
Total Pages | : 364 |
Release | : 1997 |
Genre | : Business & Economics |
ISBN | : |
Download New Directions in Econometric Practice Book in PDF, Epub and Kindle
This work on econometrics offers an analysis of econometric practice, encompassing recent modelling methodology and PC-GIVE. It is intended for advanced undergraduates and graduate students.
Author | : A. Darnell |
Publisher | : |
Total Pages | : |
Release | : 1988 |
Genre | : Economics |
ISBN | : |
Download 'General to Specific' Modelling Book in PDF, Epub and Kindle
Author | : Julia Campos |
Publisher | : |
Total Pages | : 102 |
Release | : 2005 |
Genre | : Econometric models |
ISBN | : |
Download General-to-specific Modeling Book in PDF, Epub and Kindle
Author | : Jennifer L. Castle |
Publisher | : Springer Nature |
Total Pages | : 128 |
Release | : 2019-08-30 |
Genre | : Business & Economics |
ISBN | : 303021432X |
Download Modelling our Changing World Book in PDF, Epub and Kindle
This open access book focuses on the concepts, tools and techniques needed to successfully model ever-changing time-series data. It emphasizes the need for general models to account for the complexities of the modern world and how these can be applied to a range of issues facing Earth, from modelling volcanic eruptions, carbon dioxide emissions and global temperatures, to modelling unemployment rates, wage inflation and population growth. Except where otherwise noted, this book is licensed under a Creative Commons Attribution 4.0 International License. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0.
Author | : P. Dorian Owen |
Publisher | : |
Total Pages | : 22 |
Release | : 2002 |
Genre | : Econometric models |
ISBN | : |
Download General-to-specific Modelling Using PcGets Book in PDF, Epub and Kindle
Author | : Haiyan Song |
Publisher | : Routledge |
Total Pages | : 182 |
Release | : 2012-08-21 |
Genre | : Business & Economics |
ISBN | : 1136353569 |
Download Tourism Demand Modelling and Forecasting Book in PDF, Epub and Kindle
The phenomenal growth of both the world-wide tourism industry and academic interest in tourism over the last thirty years has generated great interest in tourism demand modelling and forecasting from both sectors. However, the tendency for researchers and practitioners engaged in quantitative causal tourism modelling and forecasting to run many regression equations and try to choose the 'best' model based on various parametric and non-parametric criteria has been widely criticised as failing to provide credible results. The aim of this book is to present the recent advances in econometric modelling methodology within the context of tourism demand analysis at a level that is accessible to non-specialists, and to illustrate these new developments with actual tourism applications. The book begins with an introduction to the fundamentals of tourism demand analysis, before addressing the problems of traditional tourism demand modelling and forecasting, i.e. data mining and spurious regression due to common trends in the time series. Three chapters explore the general-to-specific approach to tourism demand modelling and forecasting, including the use of autoregressive distributed lag processes, cointegration analysis and error correction models. The time varying parameter model together with the use of the Kalman filter as an estimation method is a useful tool for examining the effects of regime shifts on tourism demand elasticities: this is explored next. The panel data approach is introduced as a way of overcoming the problem of estimation and forecasting biases caused by insufficient time series data. The book concludes by evaluating the empirical forecasting performance of the various models and putting forward some general conclusions.
Author | : Mary E. Burfisher |
Publisher | : Cambridge University Press |
Total Pages | : 443 |
Release | : 2016 |
Genre | : Business & Economics |
ISBN | : 1107132207 |
Download Introduction to Computable General Equilibrium Models Book in PDF, Epub and Kindle
The book provides a hands-on introduction to computable general equilibrium (CGE) models, written at an accessible, undergraduate level.
Author | : Federico Perali |
Publisher | : Springer |
Total Pages | : 343 |
Release | : 2018-05-02 |
Genre | : Business & Economics |
ISBN | : 3319585339 |
Download The New Generation of Computable General Equilibrium Models Book in PDF, Epub and Kindle
This book covers some important topics in the construction of computable general equilibrium (CGE) models and examines use of these models for the analysis of economic policies, their properties, and their implications. Readers will find explanation and discussion of the theoretical structure and practical application of several model typologies, including dynamic, stochastic, micro-macro, and simulation models, as well as different closure rules and policy experiments. The presentation of applications to various country and problem-specific case studies serves to provide an informed and clearly articulated summary of the state of the art and the most important methodological advancements in the field of policy modeling within the framework of general equilibrium analysis. The book is an outcome of a recent workshop of the Italian Development Economists Association attended by a group of leading practitioners involved in the generation of CGE models and research on modeling the economy and policy making. It will be of interest to researchers, professional economists, graduate students, and knowledgeable policy makers.
Author | : Wojciech W. Charemza |
Publisher | : |
Total Pages | : 370 |
Release | : 1992 |
Genre | : Econometric models |
ISBN | : |
Download New Directions on Econometric Practice Book in PDF, Epub and Kindle