Nonlinear Dynamics, Chaos and Econometrics
Download or Read eBook Nonlinear Dynamics, Chaos and Econometrics PDF written by M. Hashem Pesaran and published by Wiley. This book was released on 1993-06-01 with total page 256 pages. Available in PDF, EPUB and Kindle.
| Author | : M. Hashem Pesaran |
| Publisher | : Wiley |
| Total Pages | : 256 |
| Release | : 1993-06-01 |
| ISBN-10 | : 0471939420 |
| ISBN-13 | : 9780471939429 |
| Rating | : 4/5 (20 Downloads) |
Book Synopsis Nonlinear Dynamics, Chaos and Econometrics by : M. Hashem Pesaran
Book excerpt: The empirical modeling of economic time series is dominated by methods that assume linearity of the underlying dynamic economic system. The reason for the adoption of linearity is its analytical and computational simplicity. But dynamic economic systems can be far from linear and the challenge facing applied econometrics in constructing reliable statistical techniques and models for handling dynamic nonlinearities is immense. This book examines and assesses the latest techniques in nonlinear dynamics.
