Dynamic Linear Economic Models: 1st Edition (Hardback) book cover

Dynamic Linear Economic Models

1st Edition

By James L. Kenkel


396 pages

Purchasing Options:$ = USD
Hardback: 9780815350248
pub: 2018-03-06
eBook (VitalSource) : 9781351140720
pub: 2018-04-09
from $20.00

FREE Standard Shipping!


Originally published in 1974. This book provides a rigorous and detailed introductory treatment of the theory of difference equations and their applications in the construction and analysis of dynamic economic models. It explains the theory of linear difference equations and various types of dynamic economic models are then analysed. Including plenty of examples of application throughout the text, it will be of use to those working in macroeconomics and econometrics.

Table of Contents

Preface 1. Mathematical Preliminaries 2. Introduction to Difference Equations 3. General Theory Of Linear Difference Equations 4. Linear Homogeneous Difference Equations with Constant Coefficients 5. Particular Solutions 6. Solving Linear Difference Equations Using Operators 7. Equilibrium and Stability 8. Systems of Difference Equations 9. Distributed Lags 10. Analysis of Accelerator Models  11. Linear Dynamic Economic Models 12. The Cyclic Properties of The Linear Model 13. Introduction to Optimal Control 14. Forecasting with Autoregressive Models

About the Series

Routledge Library Editions: Econometrics

Reissuing works originally published between 1929 and 1991, this collection of 17 volumes presents a variety of considerations on Econometrics, from introductions to specific research works on particular industries. With some volumes on models for macroeconomics and international economies, this is a widely interesting set of economic texts. Input/Output methods and databases are looked at in some volumes while others look at Bayesian techniques, linear and non-linear models. This set will be of use to those in industry and business studies, geography and sociology as well as politics and economics.

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economic History