Bifurcation of Macroeconometric Models and Robustness of Dynamical Inferences
Seiten
2015
now publishers Inc (Verlag)
978-1-68083-046-0 (ISBN)
now publishers Inc (Verlag)
978-1-68083-046-0 (ISBN)
Provides an overview of the classes of macroeconometric models for which bifurcation experiments have so far been run, and emphasizes the implications for lack of robustness of conventional dynamical inferences from macroeconometric policy simulations.
Bifurcation of Macroeconometric Models and Robustness of Dynamical Inferences provides an overview of the classes of macroeconometric models for which bifurcation experiments have so far been run, and emphasizes the implications for lack of robustness of conventional dynamical inferences from macroeconometric policy simulations. By making this detailed survey of past bifurcation experiments available, the authors hepe to encourage and facilitate further research on this problem with other models, and to emphasize the need for simulations at various points within the confidence regions of macroeconometric models rather than at only point estimates.
Bifurcation of Macroeconometric Models and Robustness of Dynamical Inferences provides an overview of the classes of macroeconometric models for which bifurcation experiments have so far been run, and emphasizes the implications for lack of robustness of conventional dynamical inferences from macroeconometric policy simulations. By making this detailed survey of past bifurcation experiments available, the authors hepe to encourage and facilitate further research on this problem with other models, and to emphasize the need for simulations at various points within the confidence regions of macroeconometric models rather than at only point estimates.
Bifurcation of Macroeconomic Models. Bergstrom—Wymer Continuous Time UK Model. Leeper and Sims Model. New Keynesian Model. New Keynesian Model with Regime Switching. Zellner’s Marshallian Macroeconomic Model. Open-Economy New Keynesian Models. Two Endogenous Growth Models. Conclusion. References
Erscheinungsdatum | 31.12.2015 |
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Reihe/Serie | Foundations and Trends® in Econometrics |
Verlagsort | Hanover |
Sprache | englisch |
Maße | 156 x 234 mm |
Gewicht | 235 g |
Themenwelt | Wirtschaft ► Volkswirtschaftslehre ► Mikroökonomie |
Wirtschaft ► Volkswirtschaftslehre ► Ökonometrie | |
ISBN-10 | 1-68083-046-5 / 1680830465 |
ISBN-13 | 978-1-68083-046-0 / 9781680830460 |
Zustand | Neuware |
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Buch | Softcover (2023)
Wiley-VCH (Verlag)
19,99 €