Dynamic Factor Models

Factor models can cope with many variables without running into scarce degrees of freedom problems often faced in a regression-based analysis. In this article we review recent work on dynamic factor models that have become popular in macroeconomic policy analysis and forecasting. By means of an empirical application we demonstrate that these models turn out to be useful in investigating macroeconomic problems

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Year of publication:	2006
Authors:	Breitung, Jörg ; Eickmeier, Sandra
Publisher:	[S.l.] : SSRN
Subject:	Faktorenanalyse \| Factor analysis \| Dynamische Wirtschaftstheorie \| Economic dynamics \| Zeitreihenanalyse \| Time series analysis \| Schätzung \| Estimation \| EU-Staaten \| EU countries \| Stochastischer Prozess \| Stochastic process

Extent:	1 Online-Ressource (40 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Journal of the German Statistical Society, Vol. 90, No. 1, pp. 27-40, 2006
Classification:	C13 - Estimation ; C33 - Models with Panel Data ; C51 - Model Construction and Estimation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014061201