Non-linear Dynamics, Chaos and Econometrics - Softcover

 
9780471939429: Non-linear Dynamics, Chaos and Econometrics

Inhaltsangabe

Offering contributions from some of the foremost researchers and financial econometricians in the field, this study examines and critically assesses the latest techniques in non-linear dynamics.

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Reseña del editor

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.

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