Macroeconometric Methods: Applications to the Indian Economy
Language: English
Published by Springer, 2023
- Hardcover
- New

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2023rd edition NO-PA16APR2015-KAP.
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- Title
- Macroeconometric Methods: Applications to the Indian Economy
- Publisher
- Springer
- Publication year
- 2023
- Condition
- New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 9811975914
- ISBN 13
- 9789811975912
This book provides empirical applications of macroeconometric methods through discussions on key issues in the Indian economy. It deals with issues of topical relevance in the arena of macroeconomics. The aim is to apply time series and financial econometric methods to macroeconomic issues of an emerging economy such as India. The data sources are given in each chapter, and students and researchers may replicate the analyses.
The book is divided into three parts―Part I: Macroeconomic Modelling and Policy; Part II: Forecasting the Indian Economy and Part III: Business Cycles and Global Crises. It provides a holistic understanding of the techniques with each chapter delving into a relevant issue analysed using appropriate methods―Chapter 1: Macroeconomic Modelling, Bayesian Methods, Time Series; Chapter 2: Schematic Representation of a Monetary Policy Framework; Analysis of MPC Voting Patterns in Various Countries; Synchronization of Interest Rates in India and of Policy Rates across the Globe; Chapter 3: Co-integration; Chapter 4: Structural VAR; Chapter 5: Panel GMM-IV; Chapter 6: GMM; Chapter 7: VAR, BVAR; Chapter 8: ARIMA-GARCH, VECM, FAVAR; Chapter 9: Simultaneous Equations Model, 2SLS, Policy Simulation; Chapter 10: Spectral Methods; Chapter 11: Markov-Switching Models; Multivariate GARCH Models―GARCH-CCC, GARCH-DCC and GARCH-EWMA and Chapter 12: Statistical Measures of Synchronization of Recessions across Countries.
Since the selection of issues is from macroeconomic aspects of the Indian economy, the book has wide applications and is useful for students and researchers of fields such as applied econometrics, time series econometrics, financial econometrics, forecasting methods and macroeconomics.
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About the Author
Dr. Pami Dua is Director of the Delhi School of Economics and Senior Professor of Economics, University of Delhi. She has served the University of Delhi in various capacities including Dean of Academic Activities and Projects; Chairperson, Research Council; Dean Research of Humanities and Social Sciences and Coordinator, Internal Quality Assurance Cell of the University of Delhi. She was a Member of the first Monetary Policy Committee of the Reserve Bank of India from 2016 to 2020. She is currently an Honorary Distinguished Fellow (non-resident) of the Indira Gandhi Institute of Development Research (IGIDR), Mumbai, and Member of the Governing Council of the Centre for Advanced Financial Research and Learning (CAFRAL). She is also Member of the Governing Council of the Madras Institute of Development Studies (MIDS). She is a member of the Governing Body and Academic Council of the Dayalbagh Educational Institute and is affiliated with the Economic Cycle Research Institute in New York. She earlier served as President of the Indian Econometric Society and has been Editor of the Indian Economic Review, a reputed journal of the Delhi School of Economics, for almost two decades. She has published numerous research papers in renowned international journals as well as books and chapters in her fields of study, viz. time series econometrics, forecasting, macroeconometrics, monetary policy and business cycle analysis. She has over three and a half decades of experience in teaching of macroeconomics, econometrics and forecasting. She earlier taught at the University of Connecticut, USA, and Wayne State University, Michigan, USA, and has also been affiliated with Yale University as well as Columbia University. She completed her B.A. (Hons.) in Economics from Lady Shri Ram College, University of Delhi and obtained her Masters (with distinction) and Doctorate in Economics from London School of Economics. She has been conferred the highest honour of the University of Delhi, Nishtha Dhriti Satyam Samman, given to a person of eminence who has made an extraordinary contribution to the development of the University.
"About the title" may belong to another edition of this title.
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