Recent Developments in Cointegration (Record no. 71882)

MARC details
000 -LEADER
fixed length control field 02732naaaa2200361uu 4500
001 - CONTROL NUMBER
control field https://directory.doabooks.org/handle/20.500.12854/57766
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20220220065609.0
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9783038429555
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9783038429562
041 0# - LANGUAGE CODE
Language code of text/sound track or separate title English
042 ## - AUTHENTICATION CODE
Authentication code dc
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Katarina Juselius (Ed.)
Relationship auth
245 10 - TITLE STATEMENT
Title Recent Developments in Cointegration
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. MDPI - Multidisciplinary Digital Publishing Institute
Date of publication, distribution, etc. 2018
300 ## - PHYSICAL DESCRIPTION
Extent 1 electronic resource (VIII, 210 p.)
506 0# - RESTRICTIONS ON ACCESS NOTE
Terms governing access Open Access
Source of term star
Standardized terminology for access restriction Unrestricted online access
520 ## - SUMMARY, ETC.
Summary, etc. The Cointegrated VAR model allows the user to study both long-run and short-run effects in the same model. It describes an economic system where variables have been pushed away from long-run equilibria by exogenous shocks (the pushing forces) and where short-run adjustments forces pull them back toward long-run equilibria (the pulling forces). In this model framework, basic assumptions underlying an economic theory model can be translated into testable hypotheses of the order of integration and cointegration of key variables and their relationships. While the latter used to be I(1), macroeconomic and financial data have recently shown a tendency for puzzling long and persistent swings around long-run equilibrium values typical of self-reinforcing feed-back mechanisms. Such persistent fluctuations are frequently indistinguishable from I(2) data, pointing to the need for new econometric solutions. In this book, many of our most distinguished scholars in the field of cointegration offer a variety of solutions to these problems by formulating new models, tests, and asymptotics more suitable for an I(2) world. Several of the papers apply these cointegration techniques to a variety of empirical problems, thereby showing how to obtain valuable information about some of the mechanisms that have generated the recent crises.
540 ## - TERMS GOVERNING USE AND REPRODUCTION NOTE
Terms governing use and reproduction Creative Commons
Use and reproduction rights https://creativecommons.org/licenses/by-nc-nd/4.0/
Source of term cc
-- https://creativecommons.org/licenses/by-nc-nd/4.0/
546 ## - LANGUAGE NOTE
Language note English
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Tests of Common Trends
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Near Integration
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term I(1) and I(2) models
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term PPP and UIP
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Panel Data Cointegration
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Extracting Common Trends
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Financial Obligations and Crisis Cycles
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term House Price Model
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Imperfect Knowledge
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Multivariate Cointegration
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Performance of Algorithms
856 40 - ELECTRONIC LOCATION AND ACCESS
Host name www.oapen.org
Uniform Resource Identifier <a href="http://www.mdpi.com/books/pdfview/book/669">http://www.mdpi.com/books/pdfview/book/669</a>
Access status 0
Public note DOAB: download the publication
856 40 - ELECTRONIC LOCATION AND ACCESS
Host name www.oapen.org
Uniform Resource Identifier <a href="https://directory.doabooks.org/handle/20.500.12854/57766">https://directory.doabooks.org/handle/20.500.12854/57766</a>
Access status 0
Public note DOAB: description of the publication

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