Wymer Clifford R. - In: Studies in Nonlinear Dynamics & Econometrics 16 (2012) 2, pp. 1-28
Much of economic theory, especially macro-economics and the study of commodity, financial, and other markets, relies on the use of non-linear structural models to study medium-term and long-run dynamic behaviour of an economy. Continuous-time econometrics is based on the argument that as...