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Dynamic Model Analysis: Advanced Matrix Methods and Unit-Root Econometrics Representation Theorems by Mario Faliva

Dynamic Model Analysis: Advanced Matrix Methods and Unit-Root Econometrics Representation Theorems

by Mario Faliva
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Book cover type: Hardcover
  • ISBN13: 9783540859956
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Springer
  • Publisher Imprint: Springer
  • Publication Date:
  • Pages: 218
  • Original Price: EUR 129.99
  • Language: English
  • Edition: 2009
  • Item Weight: 499 grams
  • BISAC Subject(s): Personal Finance / General, Game Theory, and Probability & Statistics / General

From the Back Cover

This monograph provides an insightful analysis of dynamic modelling in econometrics by bridging the structural with the time series approaches, and by focusing on representation theorems of integrated processes. The book provides mainly a self-contained, rigorous as well as innovative, analytic setting to guide formulation and solution in closed form of vector autoregressive (VAR) models with unit roots. The second edition implements the latest research work by the second author on linear matrix polynomials whence a further breakthought on the topic is gained. Its emphasis is placed on representation theorems, conjugating an elegant reappraisal of classical results with original insights which widen their information content. A unified representation theorem of new conception is established, which duly shapes the contours of the cointegration features of VAR solutions, providing not only a contribution to clarity but also new stimuli in this fascinating field of research as a spin-off.

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