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Co-trending: A Statistical System Analysis of Economic Trends

Name: Co-trending: A Statistical System Analysis of Economic Trends
Brand: Springer Verlag, Japan
SKU: 05184865
Price: 48.31 EUR
Availability: InStock
Author: M. Hatanaka
ISBN: 9784431659143

M. Hatanaka

H. Yamada

Jezik

Angleščina

Knjiga Mehka

Koda Libristo: 05184865

Založba Springer Verlag, Japan, april 2014

In macro-econometrics more attention needs to be paid to the relationships among deterministic trend... Celoten opis

Koda Libristo: 05184865

118 b

48.31 €

Na zalogi pri dobavitelju Odposlali bomo v 5-8 dneh

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In macro-econometrics more attention needs to be paid to the relationships among deterministic trends of different variables, or co-trending, especially when economic growth is of concern. The number of relationships, i.e., the co-trending rank, plays an important role in evaluating the veracity of propositions, particularly relating to the Japanese economic growth in view of the structural changes involved within it. This book demonstrates how to determine the co-trending rank from a given set of time series data for different variables. At the same time, the method determines how many of the co-trending relations also represent cointegrations. This enables us to perform statistical inference on the parameters of relations among the deterministic trends. Co-trending is an important contribution to the fields of econometric methods, macroeconomics, and time series analyses.§