Author: William Joseph DuffyPublisher:
ISBN:
Category :
Languages : en
Pages : 244
Book Description
Parameter Variation in a Quarterly Model of the Postwar U. S. Economy
Author: William Joseph DuffyPublisher:
ISBN:
Category :
Languages : en
Pages : 244
Book Description
Parameter Variation in a Quarterly Model of the Post-war US Economy
Author: William Joseph DuffyPublisher:
ISBN:
Category :
Languages : en
Pages : 488
Book Description
A Post-war Quarterly Model of the United States Economy, 1947-1960
Author: Michael K. EvansA Postwar Quarterly Model of the United States Economy, 1948-1962
Author: Michael K. EvansStructural Evolution of the Postwar U.S. Economy
Author: Yuelin LiuPublisher:
ISBN:
Category :
Languages : en
Pages : 42
Book Description
We consider a time-varying parameter vector autoregressive model with stochastic volatility and mixture innovations to study the empirical relevance of the Lucas critique for the postwar U.S. economy. The model allows blocks of parameters to change at endogenously-estimated points of time. Contrary to the Lucas critique, there are large changes at certain points of time in the parameters associated with monetary policy that do not correspond to changes in “reduced-form” parameters for inflation or the unemployment rate. However, the structure of the U.S. economy has evolved considerably over the postwar period, with an apparent reduction in the late 1980s in the impact of monetary policy shocks on inflation, though not on the unemployment rate. Related, we find changes in the Phillips Curve tradeoff between inflation and cyclical unemployment (measured as the deviation from the time-varying steady-state unemployment rate implied by the model) in the 1970s and especially since the mid-1990s.
Technical Bulletin
Author: Publisher:
ISBN:
Category : Agricultural extension work
Languages : en
Pages : 52
Book Description
Handbook Of Applied Econometrics And Statistical Inference
Author: Aman UllahPublisher: CRC Press
ISBN: 9780203911075
Category : Business & Economics
Languages : en
Pages : 754
Book Description
Summarizing developments and techniques in the field, this reference covers sample surveys, nonparametric analysis, hypothesis testing, time series analysis, Bayesian inference, and distribution theory for applications in statistics, economics, medicine, biology, engineering, sociology, psychology, and information technology. It supplies a geometric proof of an extended Gauss-Markov theorem, approaches for the design and implementation of sample surveys, advances in the theory of Neyman's smooth test, and methods for pre-test and biased estimation. It includes discussions ofsample size requirements for estimation in SUR models, innovative developments in nonparametric models, and more.
Econometrics (Routledge Revivals)
Author: Baldev RajPublisher: Routledge
ISBN: 1317850661
Category : Business & Economics
Languages : en
Pages : 236
Book Description
Originally published in 1981, this book considers one particular area of econometrics- the linear model- where significant recent advances have been made. It considers both single and multiequation models with varying co-efficients, explains the various theories and techniques connected with these and goes on to describe the various applications of the models. Whilst the detailed explanation of the models will interest primarily econometrics specialists, the implications of the advances outlined and the applications of the models will intrest a wide range of economists.
Author: 
Author: