1. Introduction -- I. Finite Order Vector Autoregressive Processes -- 2. Stable Vector Autoregressive Processes -- 3. Estimation of Vector Autoregressive Processes -- 4. VAR Order Selection and Checking the Model Adequacy -- 5. VAR Processes with Parameter Constraints -- II. Infinite Order...

The volume gives an overview of money demand analysis in Europe in the eve of the introduction of the Euro in some European countries. It contributes to the discussion on a suitable monetary policy for the new European Central Bank. The alternative strategies under discussion are a direct...

1. Prologue -- 1.1 Objective of the Study -- 1.2 Survey of the Study -- 2. Vector Stochastic Processes -- 2.1 Discrete-Time, Stationary Vector Stochastic Processes -- 2.2 Nonstationary Processes -- 2.3 Vector Autoregressive Moving Average Processes -- 2.4 Estimation -- 2.5 Model Specification --...

Deals with analyzing and forecasting multiple time series, considering a range of models and methods. This reference work and graduate-level textbook enables readers to perform their analyses in a competent manner