Time Series Econometrics using Microfit 5.0: A User's Manual - Softcover

Pesaran, Bahram; Pesaran, M. Hashem

Softcover

ISBN 10: 0199563535 ISBN 13: 9780199563531

Publisher: Oxford University Press, 2010

Synopsis

Microfit 5.0 is an interactive, menu-driven program with a host of facilities for estimation, hypothesis testing, forecasting, data processing, file management, and graphic display. These features make Microfit 5.0 one of the most powerful menu-driven time-series econometric packages currently available. It is a major advance over Microfit 4 and offers a unique built-in interactive, searchable econometric text. It provides users with technical, functional and tutorial help throughout the package. Another key feature is that it can be used at different levels of technical sophistication. For experienced users of econometric programmes, it offers a variety of univariate methods, multivariate techniques for cointegration, principal components, canonical correlations and multivariate volatility modelling, and provides a large number of diagnostic and non-nested tests not readily available in other packages. The interaction of excellent graphics and estimation capabilities in Microfit 5.0 allows important econometric research to be carried out in a matter of days rather than weeks.

This comprehensive and accessible manual outlines and explains all of Microfit's features and functionality and is a valuable resource in its own right for those new to Microfit and those who want to use and understand its more advanced features.

About this title

About the Author

Bahram Pesaran is currently a Research Consultant at Wadhwani Asset Management. He has also worked as a Research Analyst at Tudor Investment Corporation, The Bank of England, The National Institute of Economics and Social Research and The Confederation of British Industry. Hashem Pesaran is Professor of Economics at the University of Cambridge, John Elliott Chair at the University of Southern California, and a Professorial Fellow of Trinity College, Cambridge. Previously he was the head of the Economic Research Department of the Central Bank of Iran, and Professor of Economics at the University of California at Los Angeles. Dr Pesaran is the founding editor of the Journal of Applied Econometrics and has served as a Vice President at the Tudor Investment Corporation. He is a Fellow of the Econometric Society and a Fellow of British Academy

Edition details

• Publisher: Oxford University Press
• Publication date: 2010
• ISBN 10: 0199563535
• ISBN 13: 9780199563531
• Binding: Paperback
• Language: English
• Edition number: 1
• Number of pages: 592