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Testing Econometric Models by Means of Time Series Analysis

  • Claude Hillinger
Conference paper
Part of the Lecture Notes in Operations Research and Mathematical Economics book series (LNE, volume 11/12)

Abstract

This paper deals with testing a proferred econometric model in order to determine if it provides an adequate explanation of a dynamic process in an actual economy. The relevance of this topic to the general theme of the International Summer School on Mathematical Systems Theory and Economics derives from the fact that economic science will gain little from the analysis and optimization of dynamic models unless it can be established that these models provide at least a first order approximation to real world data.

Keywords

Business Cycle Time Series Analysis Econometric Model Periodic Component Spectral Density Function 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. 1.
    Goldberger, A.S., Econometric Theory, John Wiley & Sons, New York, 1964zbMATHGoogle Scholar
  2. 2.
    Hillinger, C., “An Econometric Model of Mild Business Cycles”, The Manchester School. Sept. 1966, pp. 269-284.Google Scholar
  3. 3.
    Johnston, J., Econometric Methods, McGraw-Hill, New York, 1963.Google Scholar
  4. 4.
    Malinvaud, E., Statistical Methods of Econometrics, Rand McNally, Chicago, 1966.zbMATHGoogle Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 1969

Authors and Affiliations

  • Claude Hillinger

There are no affiliations available

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