Our thesis is that the reason many of us today are inclined toward socialism (explicit cooperation) and against laissez-faire capitalism (implicit cooperation) is because the first type of behavior was much more genetically beneficial during previous generations of our species. There is,...

Our thesis is that the reason many of us today are inclined toward socialism (explicit cooperation) and against laissez-faire capitalism (implicit cooperation) is because the first type of behavior was much more genetically beneficial during previous generations of our species. There is,...

Introduction -- ARMA(p,q) Processes -- Model Selection in ARMA(p,q) processes -- Stationarity and Invertibility -- Non-stationarity and ARIMA(p,d,q) processes -- Seasonal ARMA(p,q) processe -- Unit root tests -- Structural Breaks -- ARCH, GARCH and Time-varying Variance -- Vector Autoregressions...

In this book, the authors reject the theorem-proof approach as much as possible, and emphasize the practical application of econometrics. They show with examples how to calculate and interpret the numerical results. This book begins with students estimating simple univariate models, in a step by...