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'Econometric Modeling' provides a new and stimulating introduction to econometrics, focusing on modeling. The key issue confronting empirical economics is to establish sustainable relationships that are both supported by data and interpretable from economic theory. The unified likelihood-based approach of this book gives students the required statistical foundations of estimation and inference, and leads to a thorough understanding of econometric techniques. David Hendry and Bent Nielsen introduce modeling for a range of situations, including binary data sets, multiple regression, and cointegrated systems. In each setting, a statistical model is constructed to explain the observed variation in the data, with estimation and inference based on the likelihood function. Substantive issues are always addressed, showing how both statistical and economic assumptions can be tested and empirical results interpreted. Important empirical problems such as structural breaks, forecasting, and model selection are covered, and Monte Carlo simulation is explained and applied. 'Econometric Modeling' is a self-contained introduction for advanced undergraduate or graduate students. Throughout, data illustrate and motivate the approach, and are available for computer-based teaching. Technical issues from probability theory and statistical theory are introduced only as needed. Nevertheless, the approach is rigorous, emphasizing the coherent formulation, estimation, and evaluation of econometric models relevant for empirical research.

Quantitative methods (economics) --- Econometric models --- Econometrics --- Modèles économétriques --- Econométrie --- AA / International- internationaal --- 305.971 --- Speciale gevallen in econometrische modelbouw. --- Econometric models. --- Econometrics. --- 330.015195 --- Economics, Mathematical --- Statistics --- Mathematical models --- econometrie --- forecasting --- regressie-analyse --- tijdreeksanalyse --- Modèles économétriques --- Econométrie --- Speciale gevallen in econometrische modelbouw

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This volume is dedicated to two recent intensive areas of research in the econometrics of panel data, namely nonstationary panels and dynamic panels. It includes a comprehensive survey of the nonstationary panel literature including panel unit root tests, spurious panel regressions and panel cointegration tests. In addition, it provides recent developments in the estimation of dynamic panel data models using generalized method of moments. The volume includes eleven chapters written by twenty authors. These chapters: investigate better methods of estimating dynamic panels; develop methods for estimating and testing hypotheses for cointegrating vectors in dynamic panels; extend the concept of serial correlation common features analysis to nonstationary panel data models; study the local power of panel unit root test statistics; derive the asymptotic distributions of various estimators for the panel cointegrated regression model; propose a unit root test in the presence of structural change; develop a new limit theory for panel data that may be cross-sectionally heterogeneous; propose stationarity tests for a heterogeneous panel data model; derive instrumental variable estimators for a semiparametric partially linear dynamic panel data model; and conduct Monte Carlo experiments to study the small sample properties of a growth convergence equation. This collection of papers should prove useful for practitioners and researchers working with panel data.

330.115 --- 519.2 --- 519.2 Probability. Mathematical statistics --- Probability. Mathematical statistics --- 330.115 Econometrie --- Econometrie --- Modeles econometriques. --- Panel (Psychologie sociale). --- 304.8 --- Panel analysis --- Panel studies --- Steekproeftheorie. --- Operational research. Game theory --- Quantitative methods (economics) --- Recherche. --- AA / International- internationaal --- 305.970 --- 303.6 --- Econometrics --- 330.015195 --- Social sciences --- Statistics --- Economics, Mathematical --- Algemeenheden: Autoregression and moving average representation. ARIMA. ARMAX. Lagrange multiplier. Wald. Function (mis) specification. Autocorrelation. Homoscedasticity. Heteroscedasticity. ARCH. GARCH. Integration and co-integration. Unit roots. --- Raming : theorie (wiskundige statistiek). Bayesian analysis and inference. --- Methodology --- Econometric models. --- Panel analysis. --- Mathematical models --- Research. --- Algemeenheden: Autoregression and moving average representation. ARIMA. ARMAX. Lagrange multiplier. Wald. Function (mis) specification. Autocorrelation. Homoscedasticity. Heteroscedasticity. ARCH. GARCH. Integration and co-integration. Unit roots --- Raming : theorie (wiskundige statistiek). Bayesian analysis and inference --- Steekproeftheorie --- Modèles économétriques --- Business & Economics --- Econometrics. --- Econometrie - Recherche.

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This book presents an exposition of general equilibrium theory for advanced undergraduate and graduate-level students of economics. It contains discussions of economic efficiency, competitive equilibrium, the welfare theorems, the Kuhn-Tucker approach to general equilibrium, the Arrow-Debreu model, and rational expectations equilibrium and the permanent income hypothesis. It presents a unified approach to portions of macro- as well as microeconomic theory and contains problems sets for most chapters.

Equilibrium (Economics) --- Econometric models --- Economic development --- Mathematical models --- -Econometric models --- -Economic development --- -339.5 --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Econometrics --- Disequilibrium (Economics) --- Economic equilibrium --- General equilibrium (Economics) --- Partial equilibrium (Economics) --- Stagnation (Economics) --- -Equilibrium (Economics) --- Economic Theory --- Business & Economics --- DGE (Economics) --- DSGE (Economics) --- Dynamic stochastic general equilibrium (Economics) --- SDGE (Economic theory) --- Equilibrium (Economics) - Textbooks --- Econometric models - Textbooks --- Economic development - Mathematical models - Textbooks --- DEVELOPPEMENT ECONOMIQUE --- EQUILIBRE ECONOMIQUE --- MODELES ECONOMETRIQUES --- MODELE MATHEMATIQUE

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International finance --- Finance --- Econometrics --- Econométrie --- Finances --- Periodicals --- Econometric models --- Périodiques --- Modèles économétriques --- Économétrie --- #BA02208 --- #ETEW:TSCAT --- -Finance --- -Econometrics --- -332.05 --- Economics, Mathematical --- Statistics --- Funding --- Funds --- Economics --- Currency question --- -Electronic information resources --- Electronic information resources --- E-journals --- -Econometric models --- Business, Economy and Management --- Accounting and Auditing --- Actuarial Science, Insurance and Risk Management --- Stocks and Shares --- Trade and Commerce --- Business, Economy and Management. --- Trade and Commerce. --- Econometrics. --- Finance. --- Econometric models. --- Econométrie --- Périodiques --- Modèles économétriques --- EJECONO ELSEVIER-E EPUB-ALPHA-J EPUB-PER-FT --- Periodicals. --- Économétrie

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Interest in U.S. trade policy has been stimulated in recent years by the massive American trade deficit, by the belief that intervention by foreign governments in international markets has given other countries a competitive edge over the United States, and by concern about the increase in protectionism among industrial countries. In turn, major analytical developments in international economics have revolutionized trade theory, broadening its scope both by introducing in a more formal manner such concepts as imperfect competition, increasing returns, product differentiation, and learning effects and by including the study of political and economic factors that shape trade policy decisions. This collection of papers-the result of a conference held by the NBER-applies these "new" trade theories to existing world cases and also presents complementary empirical studies that are grounded in more traditional trade theories. The volume is divided into four parts. The papers in part 1 consider the problem of imperfect competition, empirically assessing the economic effect of various trade policies introduced in industries in which the "new" trade theory seems to apply. Those in part 2 isolate the effects of protection from the influences of the many economic changes that accompany actual periods of protection and also examine how the effects from exogenous changes in economic conditions vary with the form of protection. Part 3 provides new empirical evidence on the effect of foreign production by a country's firms on the home country's exports. Finally, in part 4, two key bilateral issues are analyzed: recent U.S.-Japanese trade tensions and the incident involving the threat of the imposition of countervailing duties by the United States on Canadian softwood lumber.

Foreign trade policy --- Commercial policy --- Politique commerciale --- Congresses --- Econometric models --- Congrès --- Modèles économétriques --- Congresses. --- 339.542 --- -Commercial policy --- -AA / International- internationaal --- 382.30 --- 380.23 --- International trade --- International trade policy --- Trade policy --- Economic policy --- International economic relations --- Buitenlandse handelsovereenkomsten. Multilaterale/bilaterale handelsbesprekingen. Tarieven. Uitvoerrechten. Gatt. Handelsconferenties. WTO --- -Congresses --- Handels- en wisselpolitiek in hun verband met de buitenlandse handel: algemeenheden. --- Vorming van internationale prijzen. Internationale gelijkheden en verschillen. Concurrentievermogen. --- Government policy --- 339.542 Buitenlandse handelsovereenkomsten. Multilaterale/bilaterale handelsbesprekingen. Tarieven. Uitvoerrechten. Gatt. Handelsconferenties. WTO --- Congrès --- Modèles économétriques --- AA / International- internationaal --- Econometric models&delete& --- Vorming van internationale prijzen. Internationale gelijkheden en verschillen. Concurrentievermogen --- Handels- en wisselpolitiek in hun verband met de buitenlandse handel: algemeenheden --- Commercial policy - Congresses. --- Commercial policy - Econometric models - Congresses. --- italy, personal saving, germany, savings, united kingdom, household, canada, trade policy, finance, economics, economy, nonfiction, deficit, intervention, government, competition, protectionism, product differentiation, increasing returns, softwood lumber, commerce, econometric models, congress, regulation, international markets.