Econometric models and economic forecasts /
Robert S. Pindyck, Daniel L. Rubinfeld.
- 4th ed.
- Boston, Mass. : Irwin/McGraw-Hill, c1998.
- xx, 634 p. : ill. ; 25 cm. + 1 computer disk (3 1/2 in.)
This text aims to help students understand the art of model building, what type of model to build, building the appropriate model, testing it statistically and applying the model to practical problems in forecasting and analysis.
Includes bibliographical references and indexes.
The basics of regression analysis; introduction to the regression model; elementary statistics; the two-variable regression model; the multiple regression model; using the multiple regression model; serial correlation and heterosedasticity; instrumental variables and model specification; forecasting with single-equation regression model; risk analysis in investment decision; business valuation and corporate restructuring.
System requirements for accompanying computer disk: IBM PC; Microsoft Windows 3.1 or higher.