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The Dynamics of Business Cycles - Stylized Facts, Economic Theory, Econometric Methodology and Applications (Paperback, Softcover reprint of the original 1st ed. 1995)
Loot Price: R2,769
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The Dynamics of Business Cycles - Stylized Facts, Economic Theory, Econometric Methodology and Applications (Paperback, Softcover reprint of the original 1st ed. 1995)
Series: Contributions to Economics
Expected to ship within 10 - 15 working days
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This study is a revised version of my doctoral dissertation at the
Economics Department of the University of Munich. I want to take
the opportunity to express my gratitude to some people who have
helped me in my work. My greatest thanks go to the supervisor of
this dissertation, Professor Claude Billinger. Bis ideas have
formed the basis of my work. Be permanently sup ported it with a
host of ideas, criticism and encouragement. Furthermore, he
provided a stimulating research environment at SEMECON. This study
would not have been possible in this form without the help of my
present and former colleagues at SEMECON. I am indebted to Rudolf
Kohne-Volland, Monika Sebold-Bender and Ulrich Woitek for providing
soft ware and guidance for the data analysis. Discussions with them
and with Thilo Weser have helped me to take many hurdles,
particularly in the early stages of the project. My sincere thanks
go to them all. I had the opportunity to present a former version
of my growth model at a workshop of Professor Klaus Zimmermann. I
want to thank all the parti cipants for their helpful comments. I
also acknowledge critical and constructive comments from an
anonymous referee. Table of Contents Introduction . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . 1 Part I. Methodology 1. Importance of Stylized
Facts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
1.1 Limitations of statistical testing. . . . . . . . . . . . . . .
. . . . . . . . . . . 9 1.2 Evaluating economic models. . . . . . .
. . . . . . . . . . . .. . . . 11 . . . . . . 2. Further
Methodological Issues . . . . . . . . . . . . . . . . . .. . . . 13
. . . . . ."
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