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Elements of Forecasting (with InfoTrac 1-Semester, Economic Applications Online Product, Data Sets Printed Access Card)
Francis X. Diebold Manufacturer: South-Western College Pub ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 032432359X |
Book Description
ELEMENTARY FORECASTING focuses on the core techniques of widest applicability. The author illustrates all methods with detailed real-world applications, many of them international in flavor, designed to mimic typical forecasting situations.Customer Reviews:
Not Bad.......2007-01-04
Third edition is no better.......2004-01-15
an embarrassingly slapdash and sloppy book.......2002-09-28
In the chapter on ARMA models, the example analyzed is Canadian Employment data. One of the models that is fit is an MA(4) -- see pages 164-6. When I tried to reproduce these results using software other than EVIEWS, using the data disk in the 1st edition, I couldn't. I contacted EVIEWS and they discovered a programming error in the estimation routine. They released a patch to fix EVIEWS. However, the author never re-estimated his model, and the estimates in the second edition are the same as in the first. However, my copy of the 2nd edition has no data disk! Was that thought to be an adequate solution?!
Chapter 9 ("Putting it all together") is a capstone chapter that analyzes liquor sales data using the techniques introduced in earlier chapters. After several pages (pp. 207-19) a model is selected. On pages 220-2, the residuals are examined using the Box-Ljung statistic, and deemed acceptable. However, as a careful examination of table 9.6 makes clear, the p-values for the Box-Ljung statistic were computed as if the input data were a raw series. The model generating the residuals (p. 219) had 3 autoregressive terms! This changes the d.f. in the chi-square distribution of the statistic. If you make the appropriate correction using the data in table 9.6, and compute the p-values correctly, you will see that the model residuals apparently ARE NOT white noise. One reason is a calendar effect in liquor sales: months that contain more than a usual number of Fridays and Saturdays result in more liquor sales; ones with more Sundays result in lower liquor sales. However, the author doesn't discover this, but accepts his inappropriate model on the basis of faulty distribution theory.
Good, but poor examples.......1999-11-27
Excellent introductory guide to forecasting !!!.......1999-01-26
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State-Space Models with Regime Switching: Classical and Gibbs-Sampling Approaches with Applications
Chang-Jin Kim , and Charles R. Nelson Manufacturer: The MIT Press ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0262112388 |
Book Description
Both state-space models and Markov switching models have been highly productive paths for empirical research in macroeconomics and finance. This book presents recent advances in econometric methods that make feasible the estimation of models that have both features. One approach, in the classical framework, approximates the likelihood function; the other, in the Bayesian framework, uses Gibbs-sampling to simulate posterior distributions from data.Customer Reviews:
Amazing treatement for the practitioner and the student.......2007-02-06
State-Space Models with Regime-Switching:Classical and Gibbs.......2003-12-31
A waste of time........2002-01-29
excellent book on regime switching.......2001-03-28
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Econometric Methods with Applications in Business and Economics
Christiaan Heij , Paul de Boer , Philip Hans Franses , Teun Kloek , and Herman K. van Dijk Manufacturer: Oxford University Press, USA ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0199268010 |
Book Description
Nowadays applied work in business and economics requires a solid understanding of econometric methods to support decision-making. Combining a solid exposition of econometric methods with an application-oriented approach, this rigorous textbook provides students with a working understanding and hands-on experience of current econometrics. Taking a 'learning by doing' approach, it covers basic econometric methods (statistics, simple and multiple regression, nonlinear regression, maximum likelihood, and generalized method of moments), and addresses the creative process of model building with due attention to diagnostic testing and model improvement. Its last part is devoted to two major application areas: the econometrics of choice data (logit and probit, multinomial and ordered choice, truncated and censored data, and duration data) and the econometrics of time series data (univariate time series, trends, volatility, vector autoregressions, and a brief discussion of SUR models, panel data, and simultaneous equations). DT Real-world text examples and practical exercise questions stimulate active learning and show how econometrics can solve practical questions in modern business and economic management. DT Focuses on the core of econometrics, regression, and covers two major advanced topics, choice data with applications in marketing and micro-economics, and time series data with applications in finance and macro-economics. DT Learning-support features include concise, manageable sections of text, frequent cross-references to related and background material, summaries, computational schemes, keyword lists, suggested further reading, exercise sets, and online data sets and solutions. DT Derivations and theory exercises are clearly marked for students in advanced courses. This textbook is perfect for advanced undergraduate students, new graduate students, and applied researchers in econometrics, business, and economics, and for researchers in other fields that draw on modern applied econometrics.Customer Reviews:
for economists.......2007-10-02
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Conditional Moment Estimation of Nonlinear Equation Systems: With an Application to an Oligopoly Model of Cooperative R&D (Lecture Notes in Economics and Mathematical Systems)
Joachim Inkmann Manufacturer: Springer ProductGroup: Book Binding: Paperback ASIN: 3540412077 |
Book Description
Generalized method of moments (GMM) estimation of nonlinear systems has two important advantages over conventional maximum likelihood (ML) estimation: GMM estimation usually requires less restrictive distributional assumptions and remains computationally attractive when ML estimation becomes burdensome or even impossible. This book presents an in-depth treatment of the conditional moment approach to GMM estimation of models frequently encountered in applied microeconometrics. It covers both large sample and small sample properties of conditional moment estimators and provides an application to empirical industrial organization. With its comprehensive and up-to-date coverage of the subject which includes topics like bootstrapping and empirical likelihood techniques, the book addresses scientists, graduate students and professionals in applied econometrics.
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Introduction to the Theory and Application of Data Envelopment Analysis - A Foundation Text with Integrated Software
Emmanuel Thanassoulis Manufacturer: Springer ProductGroup: Book Binding: Hardcover Accessories:
ASIN: 0792374290 |
Book Description
The book aims to introduce the reader to DEA in the most accessible manner possible. It is specifically aimed at those who have had no prior exposure to DEA and wish to learn its essentials, how it works, its key uses, and the mechanics of using it. The latter will include using DEA software. Students on degree or training courses will find the book especially helpful. The same is true of practitioners engaging in comparative efficiency assessments and performance management within their organisation. Examples are used throughout the book to help the reader consolidate the concepts covered.
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The Blackwell Handbook of Principles of Organizational Behavior (Blackwell Handbooks in Management)
Edwin A. Locke Manufacturer: Blackwell Publishing Limited ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0631215069 |
Book Description
This international handbook identifies and explains 29 timeless management principles - general truths that can be applied to all types of work situations. It is based on knowledge accumulated by numerous experts over many years of research and consulting. The chapters are readable, succinct and practical. They cover a wide range of topics including selection, turnover, job satisfaction, work motivation, incentives, leadership, team effectiveness, decision making, creativity, stress and technology.This handbook is the first ever attempt to accumulate the wisdom of decades of research and consulting and to turn this accumulated knowledge into easy to understand and practically useful management principles. The handbook provides students and managers with an essential resource that is neither theory divorced from practice nor practice divorced from theory but rather the application of theory to the real world of organizations.This book is a must for every manager's desk and a great tool for teaching.This updated paperback edition of Ed Locke's acclaimed Handbook includes a keynote essay he recently published in the AMLE Journal (2002). In it he sets out his principles-based approach to teaching management. For students and teachers of organizational behavior and management this is a unique guide.Customer Reviews:
The Art of Management Presented as a Science.......2003-01-11
The book presents the principles of management not as a set of memorized lists but as general truths about management induced from reality. With the wealth of examples, the book provides *practical* guidance on how to make a business decision. Take for example the three basic principles underlying the section of workers:
(1) Select on Intelligence
(2) Select on Conscientiousness and Emotional Stability
(3) Structure Interviews to Hire the Best People
In each principle, the authors provide the background/research on how they induced this principle, they provide sub-principles by breaking down the principle further (when necessary), including exceptions (thus delimiting the context), and then they present clarifying and practical advice on implementing the principles in practice, along with real world examples of how the principles are successfully used.
Bear in mind that the book is not exactly easy reading as it is written by academics; however, neither is it entirely academic either, making it readable. I think the principle involved in writing the book is to be 'academic' in terms of accuracy, but not so as to confuse the reader through Ivory tower jargon.
This is the book that Hank Rearden--a fictional character in Ayn Rand's novel Atlas Shrugged--had on his desk; if you are a manager you should have it on yours. --Republished by permission from a Review on [other site]
The Art of Management Presented as a Science.......2003-01-11
The book presents the principles of management not as a set of memorized lists but as general truths about management induced from reality. With the wealth of examples, the book provides *practical* guidance on how to make a business decision. Take for example the three basic principles underlying the section of workers:
(1) Select on Intelligence
(2) Select on Conscientiousness and Emotional Stability
(3) Structure Interviews to Hire the Best People
In each principle, the authors provide the background/research on how they induced this principle, they provide sub-principles by breaking down the principle further (when necessary), including exceptions (thus delimiting the context), and then they present clarifying and practical advice on implementing the principles in practice, along with real world examples of how the principles are successfully used.
Bear in mind that the book is not exactly easy reading as it is written by academics; however, neither is it entirely academic either, making it readable. I think the principle involved in writing the book is to be 'academic' in terms of accuracy, but not so as to confuse the reader through Ivory tower jargon.
This is the book that Hank Rearden--a fictional character in Ayn Rand's novel Atlas Shrugged--had on his desk; if you are a manager you should have it on yours...
Putting the "I" back in "Team".......2003-01-01
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Global Plant Genetic Resources for Insect-Resistant Crops
Stephen L. Clement , and Sharron S. Quisenberry Manufacturer: CRC ProductGroup: Book Binding: Hardcover ASIN: 0849326958 |
Book Description
An excellent reference book for plant breeders and entomologists, Global Plant Genetic Resources for Insect-Resistant Crops combines germplasm preservation with use in insect-resistant crop development and basic research. The contributions of the authors represent the efforts, cooperation, and understanding of world leaders in the conservation and use of global plant genetic resources for sustainable agricultural production. Concepts addressed include dependency of modern agriculture on chemical pest control and applications of biotechnology in use of natural plant genes for insect-resistant crops.
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Catching Ourselves in the Act: Situated Activity, Interactive Emergence, Evolution, and Human Thought
Horst Hendriks-Jansen Manufacturer: The MIT Press ProductGroup: Book Binding: Hardcover Similar Items: ASIN: 0262082462 |
Book Description
Catching Ourselves in the Act uses situated robotics, ethology, and developmental psychology to erect a new framework for explaining human behavior. Rejecting the cognitive science orthodoxy that formal task-descriptions and their implementation are fundamental to an explanation of mind, Horst Hendriks-Jansen argues for an alternative model based on the notion of interactive emergence.Customer Reviews:
Brings latest arguments in the lit together in one place.......1999-11-10
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Catching Ourselves in the Act: Situated Activity, Interactive Emergence, Evolution, and Human Thought
Horst Hendriks-Jansen Manufacturer: The MIT Press ProductGroup: Book Binding: Paperback ASIN: B000OQ8HU0 |
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