The Econometric Analysis of Recurrent Events in Macroeconomics and Finance

by Adrian Pagan and Don Harding

The global financial crisis highlighted the impact on macroeconomic outcomes of recurrent events like business and financial cycles, highs and lows in volatility, and crashes and recessions. At the most basic level, such recurrent events can be summarized using binary indicators showing if the event will occur or not. These indicators are constructed either directly from data or indirectly through models. Because they are constructed, they have...

• Format: Hardcover
• Language: English
• ISBN: 0691167087
• ISBN13: 9780691167084
• Release Date: July 2016
• Publisher: Princeton University Press
• Length: 232 Pages
• Weight: 0.95 lbs.
• Dimensions: 1.0" x 5.4" x 8.5"