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Bibliographic Details

Title: Introduction to Modern Time Series Analysis (Springer Texts in Business and Economics)
Publisher: Springer
Publication Date: 2012
Language: English
ISBN 10: 3642334350
ISBN 13: 9783642334351
Binding: Hardcover
Edition: 2nd Edition
Condition: good

About this title

Synopsis

This book presents modern developments in time series econometrics that are applied to macroeconomic and financial time series, bridging the gap between methods and realistic applications. It presents the most important approaches to the analysis of time series, which may be stationary or nonstationary. Modelling and forecasting univariate time series is the starting point. For multiple stationary time series, Granger causality tests and vector autogressive models are presented. As the modelling of nonstationary uni- or multivariate time series is most important for real applied work, unit root and cointegration analysis as well as vector error correction models are a central topic. Tools for analysing nonstationary data are then transferred to the panel framework. Modelling the (multivariate) volatility of financial time series with autogressive conditional heteroskedastic models is also treated.

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