Author : Michael Wood
Release : 2019
Genre :
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis Nonlinear Economic Time Series as a Testbed for Dynamic Macro Models Including Finance by : Michael Wood
Download or read book Nonlinear Economic Time Series as a Testbed for Dynamic Macro Models Including Finance written by Michael Wood. This book was released on 2019. Available in PDF, EPUB and Kindle. Book excerpt: This is consequent upon an earlier paper of mine (Non linear economic time series as a test bed for dynamic macro models) which was an exercise in using nonlinear time series analysis (NLTS) to assess the fit of a dynamic nonlinear macro economic process, the Goodwin model, against “realworld” nonlinear time series.This paper extends that approach to address models which include Finance and Debt as variables. Notably the work of Professor S Keen, This, Finance and Debt, is something notably missing from Goodwin's models.