Co-integration, equilibrium and equilibrium correction are key concepts in modern applications of econometrics to real world problems. This book provides direct

This text on economic forecasting asks why some practices seem to work empirically despite a lack of formal support from theory. After reviewing the conventiona

This book examines conventional time series in the context of stationary data prior to a discussion of cointegration, with a focus on multivariate models. The a

This monograph deals with spatially dependent nonstationary time series in a way accessible to both time series econometricians wanting to understand spatial ec

Forecasting is required in many situations. Stocking an inventory may require forecasts of demand months in advance. Telecommunication routing requires traffic