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Structural Sensitivity in Econometric Models (Wiley series in probability and mathematical statistics)
Structural Sensitivity in Econometric Models - Wiley series in probability and mathematical statistics Author:Edwin Kuh, etc. This reference assesses the value of linear dynamic system analysis for understanding how complex econometric models work. Emphasizing methodology in the context of a medium-sized econometric model, the Michigan Quarterly Econometric Model of the U.S., it examines various analytical techniques, including systematic assessment of parameter sensit... more »ivity, sorting-out procedures, and some properties of the MQEM. The book augments the standard "black box" approach to analyzing economic model structure with more powerful concepts.« less