Var Models in Macroeconomics - New Developments and Applications: Essays in Honor of Christopher A. Sims

by Thomas B. Fomby

Vector autoregressive (VAR) models are among the most widely used econometric tools in the fields of macroeconomics and financial economics. Much of what we know about the response of the economy to macroeconomic shocks and about how various shocks have contributed to the evolution of macroeconomic and financial aggregates is based on VAR models. VAR models also have been used successfully for economic and business forecasting, for modelling risk...

• Format: Hardcover
• Language: English
• ISBN: 1781907528
• ISBN13: 9781781907528
• Release Date: December 2013
• Publisher: Emerald Group Publishing
• Length: 456 Pages
• Weight: 1.76 lbs.
• Dimensions: 1.6" x 6.1" x 9.1"