Statistics, econometrics, and forecasting / Arnold Zellner.
"Based on two lectures presented as part of the Stone Lectures in Economics series, Arnold Zellner describes the structural econometric time series analysis (SEMTSA) approach to statistical and econometric modeling. Developed by Zellner and Franz Palm, the SEMTSA approach produces an understand...
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge, UK ; New York :
Cambridge University Press,
2004.
|
| Series: | Stone lectures in economics.
|
| Subjects: |
| Summary: | "Based on two lectures presented as part of the Stone Lectures in Economics series, Arnold Zellner describes the structural econometric time series analysis (SEMTSA) approach to statistical and econometric modeling. Developed by Zellner and Franz Palm, the SEMTSA approach produces an understanding of the relationship of univariate and multivariate time series forecasting models and dynamic time series structural econometric models. As scientists and decision-makers in industry and government worldwide adopt the Bayesian approach to scientific inference, decision-making and forecasting, Zellner offers an in-depth analysis and appreciation of this important paradigm shift. Finally, Zellner discusses the alternative approaches to model building and looks at how the use and development of the SEMTSA approach has led to the production of a Marshallian macroeconomic model that will prove valuable to many. Written by one of the foremost practitioners of econometrics, this book will have wide academic and professional appeal."--BOOK JACKET. |
|---|---|
| Physical Description: | xvii, 163 pages : illustrations ; 23 cm. |
| Bibliography: | Includes bibliographical references (pages 138-154) and index. |
| ISBN: | 052183287X 9780521832878 0521540445 9780521540445 |