Carlo A. Favero Applied Macroeconometrics

ISBN 13: 9780198296850

Applied Macroeconometrics

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9780198296850: Applied Macroeconometrics

Until the 1970s, there was a consensus in applied macroeconometrics, both regarding the theoretical foundation and the empirical specification of macroeconometric modelling, commonly known as the Cowles Commission approach. This is no longer the case: the Cowles Commission approach broke down in the 1970s, replaced by three prominent competing methods of empirical research: the LSE (London School of Economics) approach, the VAR approach, and the intertemporal optimization/Real Business Cycle approach. This book discusses and illustrates the empirical research strategy of these three alternative approaches by interpreting them as different proposals to solve problems observed in the Cowles Commission approach.

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About the Author:


Carlo Favero is currently Associate Professor of Econometrics at the Bocconi University of Milan. Formerly at the University of Ancona, he is Resident Fellow of the Innocenzo Gasparini Institute for Economic Research and a Fellow of the Centre for Economic Policy Research.

Review:

`This book provides an extremely useful and accessible description of a wide range of techniques and approaches currently used in applied macroeconometrics' Journal of Applied Econometrics, Vol.16, No.5

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1.

Favero, Carlo A.
Editorial: OUP Oxford (2001)
ISBN 10: 0198296851 ISBN 13: 9780198296850
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Descripción OUP Oxford, 2001. PAP. Estado de conservación: New. New Book. Shipped from US within 10 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Nº de ref. de la librería IQ-9780198296850

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Favero, Carlo A.
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Descripción OUP Oxford, 2016. Paperback. Estado de conservación: New. PRINT ON DEMAND Book; New; Publication Year 2016; Not Signed; Fast Shipping from the UK. No. book. Nº de ref. de la librería ria9780198296850_lsuk

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Carlo Favero
Editorial: Oxford University Press, United Kingdom (2011)
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Descripción Oxford University Press, United Kingdom, 2011. Paperback. Estado de conservación: New. New.. Language: English . Brand New Book ***** Print on Demand *****. This text provides graduate students of macroeconomics, econometrics, and monetary economics with discussion and practical illustrations of the techniques used in applied macroeconometrics. Until the 1970s, there was consensus regarding both the theoretical foundations and the empirical specification of applied macroeconometric modelling, commonly known as the Cowles Commission approach. This is no longer the case: the Cowles Commission approach broke down in the 1970s, to be replaced by a number of prominent competing methods-the LSE (London School of Economics) approach, the VAR approach, and the intertemporal optimization/Real Business Cycle approach. Applied Macroeconometrics examines the empirical research strategy of these alternatives by interpreting them as attempts to solve the problems observed in the Cowles Commission approach. The different research strategies are illustrated with specific reference to real-world examples, particularly with respect to the monetary transmission mechanism. A common US dataset is used in these examples, thus allowing the reader easy comparisons. The presentation is based on the view that identification, a central concept in econometrics, provides a natural framework in which to discuss the alternative strategies currently dominating research. The first part of the book introduces time-series models and details the importance of their identification. The second part illustrates, chapter by chapter, the alternative approaches, providing detailed applications of each methodology. Data used in the applications are available in a variety of formats from the author s web site, and will be supplemented by exercises for the reader to perform. Nº de ref. de la librería AAV9780198296850

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Carlo Favero
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ISBN 10: 0198296851 ISBN 13: 9780198296850
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Descripción Oxford University Press, United Kingdom, 2011. Paperback. Estado de conservación: New. New.. Language: English . Brand New Book ***** Print on Demand *****.This text provides graduate students of macroeconomics, econometrics, and monetary economics with discussion and practical illustrations of the techniques used in applied macroeconometrics. Until the 1970s, there was consensus regarding both the theoretical foundations and the empirical specification of applied macroeconometric modelling, commonly known as the Cowles Commission approach. This is no longer the case: the Cowles Commission approach broke down in the 1970s, to be replaced by a number of prominent competing methods-the LSE (London School of Economics) approach, the VAR approach, and the intertemporal optimization/Real Business Cycle approach. Applied Macroeconometrics examines the empirical research strategy of these alternatives by interpreting them as attempts to solve the problems observed in the Cowles Commission approach. The different research strategies are illustrated with specific reference to real-world examples, particularly with respect to the monetary transmission mechanism. A common US dataset is used in these examples, thus allowing the reader easy comparisons. The presentation is based on the view that identification, a central concept in econometrics, provides a natural framework in which to discuss the alternative strategies currently dominating research. The first part of the book introduces time-series models and details the importance of their identification. The second part illustrates, chapter by chapter, the alternative approaches, providing detailed applications of each methodology. Data used in the applications are available in a variety of formats from the author s web site, and will be supplemented by exercises for the reader to perform. Nº de ref. de la librería AAV9780198296850

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Favero, Carlo A.
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Descripción OUP Oxford, 2001. PAP. Estado de conservación: New. New Book. Delivered from our UK warehouse in 4 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Nº de ref. de la librería IQ-9780198296850

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Descripción Oxford University Press, 2017. Paperback. Estado de conservación: New. Never used! This item is printed on demand. Nº de ref. de la librería 0198296851

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Carlo A. Favero
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Descripción Paperback. Estado de conservación: New. 296 pages. Until the 1970s, there was a consensus in applied macroeconometrics, both regarding the theoretical foundation and the empirical specification of macroeconometric modelling, commonly known as the Cowles Commission approach. This is no longer the case: the Cowles Commission approach broke down in the 1970s, replaced by three prominent competing methods of empirical research: the LSE (London School of Economics) approach, the VAR approach, and the intertemporal optimizationReal Business Cycle approach. This book discusses and illustrates the empirical research strategy of these three alternative approaches by interpreting them as different proposals to solve problems observed in the Cowles Commission approach. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. Nº de ref. de la librería 9780198296850

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Favero, Carlo A.
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Descripción Oxford University Press. PAPERBACK. Estado de conservación: New. 0198296851 Special order direct from the distributor. Nº de ref. de la librería ING9780198296850

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Carlo A. Favero
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Descripción Oxford University Press, 2001. Paperback. Estado de conservación: New. book. Nº de ref. de la librería M0198296851

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Descripción Oxford Univ Pr, 2001. Paperback. Estado de conservación: Brand New. illustrated edition. 296 pages. 9.50x6.25x0.50 inches. In Stock. Nº de ref. de la librería __0198296851

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