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Problems of Time Series Analysis 9783411015870

Problems of Time Series Analysis

ISBN-10: 341101587X
ISBN-13: 9783411015870
AUTHOR:
PUBLISHER: Bibliographisches Institut & F. A. Brockhaus AG
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Product Description: The last decade has witnessed an increased interest in time series analysis. Non-parametric methods like spectral and cross spectral analysis are used to discover regularities in individual time series, re­ lationships between specific components of different time series and leads or lags between those series. Box-Jenkins procedures for the pa­ rametric estimation of autoregressive-moving average schemes be­ long nowadays to the standard equipment of a computer center. In economics this revival of time series analysis has led to numer­ ous empirical studies on optimal seasonal adjustment procedures, the behavior of prices, production, employment etc. More recently, Box­ Jenkins methods form an integral part for tests on the efficiency of markets, the effectiveness of monetary and fiscal policies and for the study of the röle of different assumptions on the formation of expec­ tations. This volume comprehends aseries of lectures which deal with var­ ious topics of time series analysis delivered during the wintersemester 1978/79 at the faculty of economics and statistics. The collection be­ gins with a paper by M. Nerlove introducing the concept of unob­ served components. Theoretical results are illustrated by examples se ries on prices of steers, heifers, cows and milk, of cattle and for time hog slaughter, of industrial production and male unemployment. The study by S. Heiler considers a mixed model with a linear regression part and a regular residual process for the prediction of economic processes when additional information is available.

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PUBLICATION DATE:
PAGES: 104
CATEGORY: Mathematics
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