Bayesian Multivariate Time Series Methods for Empirical Macroeconomics

Gary Koop

ISBN 10: 160198362X / ISBN 13: 9781601983626

Verlag: now publishers Inc, 2010

This item is printed on demand. New copy - Usually dispatched within 5-9 working days 191. Bestandsnummer des Verkäufers C9781601983626

Inhaltsangabe:

Bayesian Multivariate Time Series Methods for Empirical Macroeconomics provides a survey of the Bayesian methods used in modern empirical macroeconomics. These models have been developed to address the fact that most questions of interest to empirical macroeconomists involve several variables and must be addressed using multivariate time series methods. Many different multivariate time series models have been used in macroeconomics, but Vector Autoregressive (VAR) models have been among the most popular.

The book reviews and extends the Bayesian literature on VARs, TVP-VARs and TVP-FAVARs with a focus on the practitioner. The authors go beyond simply defining each model, but specify how to use them in practice, discuss the advantages and disadvantages of each and offer tips on when and why each model can be used.

Bibliografische Details

Titel: Bayesian Multivariate Time Series Methods ...
Verlag: now publishers Inc
Erscheinungsdatum: 2010
Einband: Paperback / softback
Zustand: New