Advances in Non-linear Economic Modeling
Subtitle: Theory and Applications
Publisher: Springer
Published: Dec 12, 2013
Language: eng
Format: hardcover
Number of pages: 262
ISBN-13: 9783642420382
Description: In recent years non-linearities have gained increasing importance in economic and econometric research, particularly after the financial crisis and the economic downturn after 2007. This book contains theoretical, computational and empirical papers that incorporate non-linearities in econometric models and apply them to real economic problems. It intends to serve as an inspiration for researchers to take potential non-linearities in account. Researchers should be aware of applying linear model-types spuriously to problems which include non-linear features. It is indispensable to use the correct model type in order to avoid biased recommendations for economic policy.
Notes: Source title: Advances in Non-linear Economic Modeling: Theory and Applications (Dynamic Modeling and Econometrics in Economics and Finance)