This article studies how electoral processes and internal factors of the Ecuadorian economy affect the dynamics of the country's business expectations. The hypothesis that the free market and socialist political models in an economy generate different reactions in the expectations of the agents,...

Written by one of the foremost practitioners and exponents of econometrics in the world, this book describes the structural econometric time series analysis (SEMTSA) approach to statistical and econometric modeling, and provides a careful analysis and appreciation of the paradigm shift back to...

The cointegration revolution has had a substantial impact on applied analysis. The methods for conducting this analysis are sketched out, reminding the reader of the ideas underlying them and giving sufficient background for empirical work. The treatment can be used as a textbook for courses on...