Robustness in Econometrics
Synopsis
This book presents recent research on robustness in econometrics. Robust data processing techniques - i. e. , techniques that yield results minimally affected by outliers - and their applications to real-life economic and financial situations are the main focus of this book. The book also discusses applications of more traditional statistical techniques to econometric problems. Econometrics is a branch of economics that uses mathematical (especially statistical) methods to analyze economic systems, to forecast economic and financial dynamics, and to develop strategies for achieving desirable economic performance. In day-by-day data, we often encounter outliers that do not reflect the long-term economic trends, e. g. , unexpected and abrupt fluctuations. As such, it is important to develop robust data processing techniques that can accommodate these fluctuations.
- प्रतिलिपि अधिकार:
- 2017 Springer
Book Details
- Book Quality:
- ISBN-13:
- 9783319507422
- Publisher:
- Springer International Publishing, Cham
- Date of Addition:
- 2017-03-29T09:34:50Z
- भाषा:
- English
- Categories:
- Usage Restrictions:
- This is a copyrighted book.