Structural Sensitivity in Econometric Models (Business Practice Library) - Softcover

Kuh, Edwin

 
9780471819301: Structural Sensitivity in Econometric Models (Business Practice Library)

Synopsis

This reference assesses the value of linear dynamic system analysis for understanding how complex econometric models work. Emphasizing methodology in the context of a medium-sized econometric model, the Michigan Quarterly Econometric Model of the U.S., it examines various analytical techniques, including systematic assessment of parameter sensitivity, sorting-out procedures, and some properties of the MQEM. The book augments the standard black box approach to analyzing economic model structure with more powerful concepts.

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