Format:
1 online resource (183 pages)
Edition:
1st ed.
ISBN:
9780521832878
,
9780511187728
Series Statement:
The Stone Lectures in Economics Series
Content:
Written by one of the foremost practitioners and exponents of econometrics in the world, this book describes the structural econometric time series analysis (SEMTSA) approach to statistical and econometric modeling, and provides a careful analysis and appreciation of the paradigm shift back to the Bayesian approach to scientific inference
Note:
Cover -- Half-title -- Title -- Copyright -- Contents -- Figures -- Tables -- Preface -- lecture 1 Bank of England -- 1.1 Introduction -- 1.2 Overview of the Bayesian approach -- 1.3 Some canonical problems -- 1.4 Bayes - non-Bayes issues -- Issue 1. Learning model? -- Issue 2. Axiom systems? -- Issues 3 and 4. Probabilities associated with hypotheses to express degrees of confidence? -- Issue 5. Probability interval for a parameter -- Issue 6. Predictive intervals? -- Issue 7. Minimization of Bayes risk? -- Issues 8 and 9. Prior distributions and subjective prior information? -- Issue 10. Integrating out nuisance parameters? -- Issues 11 and 12. Asymptotic and finite sample properties? -- Personal conclusion? -- 1.5 The role of forecasting in econometrics and statistics -- 1.6 The structural econometric modeling, time series analysis (SEMTSA) approach -- 1.7 Elaborations of the ARLI model -- 1.8 Point forecasting results -- 1.9 Turning point forecasting methods and results -- 1.10 Compatibility with economic theory -- 1.11 The Marshallian macroeconomic model -- lecture 2 National Institute of Economic and Social Research -- 2.1 The structural econometric modeling, time series analysis (SEMTSA) approach -- 2.2 Application of the SEMTSA approach to macroeconomic data -- 2.3 Models and economic theory -- Disaggregation and the Marshallian macroeconomic model -- Model specification, estimation and forecasting -- Data plots and forecasting results -- appendix On the questionable virtue of aggregation -- Notes -- LECTURE 1: BANK OF ENGLAND -- LECTURE 2: NATIONAL INSTITUTE OF ECONOMIC AND SOCIAL RESEARCH -- APPENDIX: ON THE QUESTIONABLE VIRTUE OF AGGREGATION -- References -- Subject index -- Author index
Additional Edition:
Print version Zellner, Arnold Statistics, Econometrics and Forecasting Cambridge : Cambridge University Press,c2004 ISBN 9780521832878
Language:
English
Keywords:
Electronic books
URL:
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