Dynamic Economic Models in Discrete Time: Theory and Empirical Applications, 1st Edition (Paperback) book cover

Dynamic Economic Models in Discrete Time

Theory and Empirical Applications, 1st Edition

By Brian Ferguson, Guay Lim

Routledge

176 pages

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Paperback: 9780415753913
pub: 2016-02-19
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Hardback: 9780415288996
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Description

This new book will be welcomed by econometricians and students of econometrics everywhere. Introducing discrete time modelling techniques and bridging the gap between economics and econometric literature, this ambitious book is sure to be an invaluable resource for all those to whom the terms unit roots, cointegration and error correction forms, chaos theory and random walks are recognisable if not yet fully understood.

Table of Contents

1. Introduction 2. First Order Difference Equations 3. Second Order Difference Equations 4. Higher Order and Systems of Difference Equations 5. Intertemporal Optimization 6. Nonlinear Difference Equations 7. Empirical Analysis of Economic Dynamics

About the Authors

Brian S. Ferguson is Associate Professor of Economics at the University of Guelph, Canada.

G.C. Lim is Associate Professor of Economics at Melbourne University, Australia.

Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS021000
BUSINESS & ECONOMICS / Econometrics
BUS069000
BUSINESS & ECONOMICS / Economics / General
BUS069030
BUSINESS & ECONOMICS / Economics / Theory