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Empirical Macroeconomics and Statistical Uncertainty PDF
By:Mateusz Pipień,Sylwia Roszkowska
Published on 2020-08-06 by Routledge

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This book addresses one of the most important research activities in empirical macroeconomics. It provides a course of advanced but intuitive methods and tools enabling the spatial and temporal disaggregation of basic macroeconomic variables and the assessment of the statistical uncertainty of the outcomes of disaggregation. The empirical analysis focuses mainly on GDP and its growth in the context of Poland. However, all of the methods discussed can be easily applied to other countries. The approach used in the book views spatial and temporal disaggregation as a special case of the estimation of missing observations (a topic on missing data analysis). The book presents an econometric course of models of Seemingly Unrelated Regression Equations (SURE). The main advantage of using the SURE specification is to tackle the presented research problem so that it allows for the heterogeneity of the parameters describing relations between macroeconomic indicators. The book contains model specification, as well as descriptions of stochastic assumptions and resulting procedures of estimation and testing. The method also addresses uncertainty in the estimates produced. All of the necessary tests and assumptions are presented in detail. The results are designed to serve as a source of invaluable information making regional analyses more convenient and – more importantly – comparable. It will create a solid basis for making conclusions and recommendations concerning regional economic policy in Poland, particularly regarding the assessment of the economic situation. This is essential reading for academics, researchers, and economists with regional analysis as their field of expertise, as well as central bankers and policymakers.

This Book was ranked at 25 by Google Books for keyword Macroeconomics.

Book ID of Empirical Macroeconomics and Statistical Uncertainty's Books is RmMPEAAAQBAJ, Book which was written byMateusz Pipień,Sylwia Roszkowskahave ETAG "BNFeudhG4HI"

Book which was published by Routledge since 2020-08-06 have ISBNs, ISBN 13 Code is 9781000170849 and ISBN 10 Code is 1000170845

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Book which have "112 Pages" is Printed at BOOK under CategoryBusiness and Economics

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