This is a survey of recent developments in the field of cointegration, which links long run components of a pair or of a group of series. The authors present ideas in a non-technical way which will enable economists with training in econometrics to understand and appreciate current research. Editor(s): Engle, R. F.; Granger, C. W. J. Series: Advanced Texts in Econometrics. Num Pages: 308 pages, 11 line drawings, 27 tables. BIC Classification: KCH. Category: (P) Professional & Vocational. Dimension: 228 x 154 x 21. Weight in Grams: 480. . 1991. Paperback. . . . . Books ship from the US and Ireland.

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Bibliographic Details

Title: Long Run Economic Relationships
Publisher: Oxford University Press
Publication Date: 1992
Language: English
ISBN 10: 0198283393
ISBN 13: 9780198283393
Binding: Soft cover
Condition: New

About this title

Synopsis

In this interesting survey of recent developments in the field of cointegration, the authors discuss how cointegration (the linking of long run components of a pair or of a group or series), can be used to discuss some types of equilibrium and to introduce those equilibria into time-series models in a fairly uncontroversial way. The authors discuss the basic ideas in their introduction and the final chapters review the most recent developments in the field in a non-technical manner.

About the Series
Advanced Texts in Econometrics is a distinguished and rapidly expanding series in which leading econometricians assess recent developments in such areas as stochastic probability, panel and time series data analysis, modeling, and cointegration. In both hardback and affordable paperback, each volume explains the nature and applicability of a topic in greater depth than possible in introductory textbooks or single journal articles. Each definitive work is formatted to be as accessible and convenient for those who are not familiar with the detailed primary literature.

About the Author

C. W. J. Granger is at University of California, San Diego.

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