Modelling Trends and Cycles in Economic Time Series (Palgrave Texts in Econometrics)
Publisher: Palgrave Macmillan
Published: September 17, 2003
Language: eng
Format: Paperback
Number of pages: 180
ISBN-13: 9781403902092
Subjects: Econometrics; Economics - General; Business/Economics; Business & Economics; Business / Economics / Finance; Textbooks; Economics - Microeconomics; Business & Economics / Economics / General; Business cycles; Econometric models
First sentence: Modelling trends and cycles in time series has a long history in empirical economics, stretching back to the latter part of the nineteenth century.
Description: "Modelling trends and cycles in economic time series has a long history, with the use of linear trends and moving averages forming the basic tool kit of economists until the 1970s. Several developments in econometrics then led to an overhaul of the techniques used to extract trends and cycles from time series. Terence Mills introduces these various approaches to allow students and researchers to appreciate the variety of techniques and the considerations that underpin their choice for modelling trends and cycles"--Jacket.