A Continuous Time Econometric Model of the United Kingdom with Stochastic Trends

Albert Rex Bergstrom, Khalid Ben (Westminster Business School, UK) Nowman

Cambridge University Press, 2007

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This monograph presents a continuous time macroeconometric model of the United Kingdom incorporating stochastic trends. It describes the model in detail to permit a rigorous mathematical analysis of its steady-state and stability properties, thus providing a valuable check on the capacity of the model to generate plausible long-run behaviour.

ISBN-13
9780521875493
ISBN-10
0521875498
Publisher
Cambridge University Press
Year
2007
Publication date
2007-04-16
Pages
314
Dimensions
216x140x22
Weight
480