Download or read book Forecasting from Multi equation Econometric Micromodels written by Jerzy Witold Wiśniewski and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Forecasting from multi-equation models has very rarely been the focus in econometric literature. In response, this book presents a range of methodologies to approach this complex field and offers readers essential information on forecasting from multi-equation econometric micromodels. In the twentieth century, significant interest in econometric macromodels emerged. These multi-equation models are mostly systems of interdependent equations, most often used to describe the national economies of various countries. The book analyzes econometric forecasting procedures and illustrates them with empirical examples that are based on real economic (mostly business-derived) data. The procedure of forecast building from systems of interdependent equations is presented for two categories of econometric models: models with a feedback effect and models with closed-loop links between interdependent variables. The forecasts obtained via this technique are compared with the results derived from reduced-form equations of the respective econometric model. The author also generalizes the rules of the reduced-recursive (helical, iterative) procedure application, against the backdrop of the proposed method of forecast building from reduced-form equations of systems of interdependent equations. Given its scope, the book will appeal not only to PhD students and researchers, but also undergraduate students and academics in general.
Download or read book Forecasting from Multi equation Econometric Micromodels written by Jerzy Witold Wiśniewski and published by Springer Nature. This book was released on 2023-05-11 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Forecasting from multi-equation models has very rarely been the focus in econometric literature. In response, this book presents a range of methodologies to approach this complex field and offers readers essential information on forecasting from multi-equation econometric micromodels. In the twentieth century, significant interest in econometric macromodels emerged. These multi-equation models are mostly systems of interdependent equations, most often used to describe the national economies of various countries. The book analyzes econometric forecasting procedures and illustrates them with empirical examples that are based on real economic (mostly business-derived) data. The procedure of forecast building from systems of interdependent equations is presented for two categories of econometric models: models with a feedback effect and models with closed-loop links between interdependent variables. The forecasts obtained via this technique are compared with the results derived from reduced-form equations of the respective econometric model. The author also generalizes the rules of the reduced-recursive (helical, iterative) procedure application, against the backdrop of the proposed method of forecast building from reduced-form equations of systems of interdependent equations. Given its scope, the book will appeal not only to PhD students and researchers, but also undergraduate students and academics in general.
Download or read book Econometric Models and Economic Forecasts written by Robert S. Pindyck and published by . This book was released on 1998 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt: This updated edition of the text has been restructured into four parts: multiple regression model; single-equation regression models; revised exposition and a small macroeconomic model; and a revised treatment of time-series analysis.
Download or read book Microeconometrics in Business Management written by Jerzy Witold Wisniewski and published by John Wiley & Sons. This book was released on 2015-09-22 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces the application of microeconometric methods for modelling various aspects of economic activity for small to large size enterprises, using methods that are based on both time-series and cross-section approaches. The information obtained from using these estimated models can then be used to inform business decisions that improve the efficiency of operations and planning. Basic models used in the modelling of the business (single-equation and multiple-equation systems) are introduced whilst a wide range of economic activity including major aspects of financial management, demand for labour, administrative staff and labour productivity are also explored. Microeconometrics in Business Management: Introduces econometric methods which can be used in the modelling of economic activity and forecasting, to help improve the efficiency of business operations and planning. Describes econometric entities through multiple-equation and single-equation microeconometric models. Explores the process of building and adapting basic microeconometric tools. Presents numerous micromodels based on time-series data and statistical cross-sectional sequences, which can be used in any enterprise. Features numerous real –world applications along with examples drawn from the authors own experience. Is supported by a companion website featuring practice problems and statistical data to aid students to construct and estimate micro models. Features end of chapter exercises with examples present in free software GRETL. This book serves as a valuable resource for students, business management practitioners and researchers in econometric micro-model construction and various decision-making processes.
Download or read book Forecasting Models for National Economic Planning written by Aaart R. Heesterman and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about the specification of linear econometric models, and for this reason some important related fields have been deliberately omitted. I did not want to discuss the problems of parameter-estimation, at least not in any detail, as there are other books on these problems written by specialized statisticians. This book is about the models them selves and macro-economic models in particular. A second related sub ject is the policy decision that can be made with the help of a model. While I did write a chapter on policy decisions, I limited myself to some extent because of my views on planning as such. The logical approach to this problem is in terms of mathematical programming, but our models and our ideas about the policies we want are too crude for its effective utilisation. A realistic formulation of the problem should involve non linearities in an essential way, the models I consider (and most existing models) are linear. At the present state of econometrics, I do not really believe in such a thing as the 'optimal' plan. The possible result of bad planning or no planning at all, for instance massive unemployment, sudden financial crises, unused capital equipment, or the production of unsalable goods is agreed to be undesirable. Programming methods may of course be needed, if only for having a systematic algorithm to find a solution that avoids this kind of 'obvious' non-optimality. However, the main emphasis is on forecasting models.
Download or read book Econometric Forecasting and High frequency Data Analysis written by Roberto S. Mariano and published by World Scientific. This book was released on 2008 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important book consists of surveys of high-frequency financial data analysis and econometric forecasting, written by pioneers in these areas including Nobel laureate Lawrence Klein. Some of the chapters were presented as tutorials to an audience in the Econometric Forecasting and High-Frequency Data Analysis Workshop at the Institute for Mathematical Science, National University of Singapore in May 2006. They will be of interest to researchers working in macroeconometrics as well as financial econometrics. Moreover, readers will find these chapters useful as a guide to the literature as well as suggestions for future research.
Download or read book Forecasting with Computer Models written by Rodney D. Green and published by Praeger Publishers. This book was released on 1985 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A History of Macroeconometric Model building written by Ronald G. Bodkin and published by Aldershot, Hants, England : E. Elgar. This book was released on 1991 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: This major book presents, for the first time, an authoritative history of developments in macroeconometric modelling since the 1930s. It focuses in particular on the construction of mathematico-statistical models of entire economies, estimated from national accounts and other macroeconomic data. International and comparative in scope, the book contains chapters prepared by specialists from the different countries concerned. This landmark book is indispensable to an understanding of the history and development of large scale econometric models of modern economies.
Download or read book An Introduction to Econometric Forecasting and Forecasting Models written by Lawrence Robert Klein and published by . This book was released on 1982 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Econometric Model Performance written by Lawrence Robert Klein and published by University of Pennsylvania Press Anniversary Collection. This book was released on 1976 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nobel prize-winning economist Lawrence Klein with Edwin Burmeister here present choice essays on the comparative performance of eleven different models of the American economy.
Download or read book Econometric Models and Economic Forecasts written by Kenneth J. White and published by McGraw-Hill Companies. This book was released on 1991 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Selection of Models by Forecasting Intervals written by A. H. Q. M. Merkies and published by Springer. This book was released on 1973-09-30 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Long term Forecast of U S Waterborne Foreign Trade 1976 2000 Summary written by United States. Maritime Administration. Office of Policy and Plans. Division of Economic and Operational Analyses and published by . This book was released on 1977 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A long term forecast of U S waterborne foreign trade 1976 2000 written by United States. Maritime Administration. Division of Economic and Operational Analyses and published by . This book was released on 1977 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book ADVANCED ECONOMETRICS Simultaneous Equation Models Multivariate Time Series Models And Nonlinear Models Exercises with EVIEWS SAS and STATA written by and published by CESAR PEREZ. This book was released on with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Summary written by United States. Maritime Administration. Division of Economic and Operational Analyses and published by . This book was released on 1977 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Energy Regulatory Commission Reports written by United States. Federal Energy Regulatory Commission and published by . This book was released on with total page 1422 pages. Available in PDF, EPUB and Kindle. Book excerpt:
