New directions in macromodelling [electronic resource] : essays in honor of J. Michael Finger / edited by Stephen G. Hall. Welfe, Aleksander. Econometric models. HB141 .N49 2004 330.15195 22 303.725.33 Includes bibliographical references and indexes. Description based on print version record. The monograph concentrates on recent developments in modelling economic processes on macro level. Namely there are two main areas of interest: co-integration analysis and the use of high frequency time series. Special emphasis is put on testing, application of VEqCM models to I(1) as well as I(2) variables and structuralization of VAR. Volatility is analysed within traditional and Bayesian approach. Amsterdam ; Boston : Elsevier, 2004. 2004. 2004 Text 1 online resource (xii, 236 p.) : http://www.emeraldinsight.com/0573-8555/269 eng Contributions to economic analysis, 0573-8555 ; v. 269 Contributions to economic analysis ; v. 269.