The Unconventional Dynamics of Economic and Financial Aggregates

Authored by: M. Abadir Karim , Talmain Gabriel

Handbook of Empirical Economics and Finance

Print publication date:  December  2010
Online publication date:  April  2016

Print ISBN: 9781420070354
eBook ISBN: 9781420070361
Adobe ISBN:

10.1201/b10440-9

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Abstract

Time series models have provided econometricians with a rich toolbox from which to choose. Linear ARIMA models have been very influential and have enhanced our understanding of many empirical features of economics and finance. As with any scientific endeavor, data have emerged that show the need for refinements and improvements over existing models.

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