ABSTRACT

This book constitutes the first serious attempt to explain the basics of econometrics and its applications in the clearest and simplest manner possible. Recognising the fact that a good level of mathematics is no longer a necessary prerequisite for economics/financial economics undergraduate and postgraduate programmes, it introduces this key subdivision of economics to an audience who might otherwise have been deterred by its complex nature.

part 1|157 pages

Single-Equation Regression Models

part 2|66 pages

Simultaneous Equation Regression Models

part 3|45 pages

Qualitative Variables in Econometric Models – Panel Data Regression Models

part 4|73 pages

Time Series Econometrics

chapter 13|22 pages

Testing for Stationarity

The Unit Root Tests

chapter 14|14 pages

Cointegration Analysis

Two-Variable Case

chapter 15|22 pages

Cointegration Analysis

The Multivariate Case

part 5|25 pages

Aspects of Financial Time Series Econometrics