Bøker i Advanced Textbooks in Economics-serien

Presents the principles of constructing dynamic macroeconometric models and their use in economic analyses and forecasting. This title discusses the principles of specifying equations of structural macromodels, covering both developed marked economies, transition economies and world-wide models. It covers major issues in the use of macromodels.

Discusses various aspects of the well-known inconsistency that arises when explanatory variables in a linear regression model are measured with error. This book shows that the inconsistency is not accidental but fundamental. It also talks about an embedding of the regression equation with measurement error in a multiple equations setting.