It takes the average reader 4 hours and 44 minutes to read Applied Macroeconometrics by Carlo A. Favero
Assuming a reading speed of 250 words per minute. Learn more
This text provides graduate students of macroeconomics, econometrics, and monetary economics with discussion and practical illustrations of the techniques used in applied macroeconometrics. Until the 1970s, there was consensus regarding both the theoretical foundations and the empirical specification of applied macroeconometric modelling, commonly known as the Cowles Commission approach. This is no longer the case: the Cowles Commission approach broke down in the 1970s, to be replaced by a number of prominent competing methods—the LSE (London School of Economics) approach, the VAR approach, and the intertemporal optimization/Real Business Cycle approach. 'Applied Macroeconometrics' examines the empirical research strategy of these alternatives by interpreting them as attempts to solve the problems observed in the Cowles Commission approach. The different research strategies are illustrated with specific reference to real-world examples, particularly with respect to the monetary transmission mechanism. A common US dataset is used in these examples, thus allowing the reader easy comparisons. The presentation is based on the view that identification, a central concept in econometrics, provides a natural framework in which to discuss the alternative strategies currently dominating research. The first part of the book introduces time-series models and details the importance of their identification. The second part illustrates, chapter by chapter, the alternative approaches, providing detailed applications of each methodology. Data used in the applications are available in a variety of formats from the author's web site, and will be supplemented by exercises for the reader to perform.
Applied Macroeconometrics by Carlo A. Favero is 282 pages long, and a total of 71,064 words.
This makes it 95% the length of the average book. It also has 87% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 6 hours and 28 minutes to read Applied Macroeconometrics aloud.
Applied Macroeconometrics is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
Applied Macroeconometrics by Carlo A. Favero is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy Applied Macroeconometrics by Carlo A. Favero on Amazon click the button below.
Buy Applied Macroeconometrics on Amazon