Advances in Non-linear Economic Modeling

Theory and Applications

Business & Finance, Economics, Econometrics, Macroeconomics
Cover of the book Advances in Non-linear Economic Modeling by , Springer Berlin Heidelberg
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Author: ISBN: 9783642420399
Publisher: Springer Berlin Heidelberg Publication: December 11, 2013
Imprint: Springer Language: English
Author:
ISBN: 9783642420399
Publisher: Springer Berlin Heidelberg
Publication: December 11, 2013
Imprint: Springer
Language: English

In recent years nonlinearities have gained increasing importance in economic and econometric research, particularly after the financial crisis and the economic downturn after 2007. This book contains theoretical, computational and empirical papers that incorporate nonlinearities in econometric models and apply them to real economic problems. It intends to serve as an inspiration for researchers to take potential nonlinearities in account. Researchers should be aware of applying linear model-types spuriously to problems which include non-linear features. It is indispensable to use the correct model type in order to avoid biased recommendations for economic policy.

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In recent years nonlinearities have gained increasing importance in economic and econometric research, particularly after the financial crisis and the economic downturn after 2007. This book contains theoretical, computational and empirical papers that incorporate nonlinearities in econometric models and apply them to real economic problems. It intends to serve as an inspiration for researchers to take potential nonlinearities in account. Researchers should be aware of applying linear model-types spuriously to problems which include non-linear features. It is indispensable to use the correct model type in order to avoid biased recommendations for economic policy.

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