Testing the null hypothesis of nonstationary long memory against the alternative hypothesis of a nonlinear ergodic model shin, y. Kevin lee studied economics and statistics at the universities of sheffield and bristol. Discussion papers in economics, division of economics, school of business, university of leicester view citations 1 testing for a linear unit root against nonlinear threshold stationarity ese discussion papers, edinburgh school of economics, university of edinburgh view citations 1 testing for a unit root against nonlinear star models. Global and national macroeconometric modelling hardcover. Journal of economic studies aims to provide economists with research findings and commentary on international developments in economics. This book provides a comprehensive description of the stateoftheart in modelling. He is author of several books and edited collections, and is a codeveloper of the econometric software package microfit, published by oup.
A longrun structural approach reprint by garratt, anthony, lee, kevin, pesaran, m. Yongcheol shin university of york economics seminar series. The global vector errorcorrecting macroeconometric modelling approach august 27, 2012. He has previously held positions at the university of edinburgh and at the university of cambridge. Here youll find current best sellers in books, new releases in books, deals in books, kindle. Find related publications, people, projects, datasets and more using interactive charts. Individual and collective choice, experimental economics. Testing the null hypothesis of stationarity against the.
Yongcheol shin the university of york, york department. A longrun structural approach kindle edition by garratt, anthony, lee, kevin, pesaran, m. Department of economics, university of edinburgh, 50 george square, edinburgh eh8 9jy, uk. Advances in spatial science the regional science series. Yongcheol shin of the university of york, york read 118 publications contact. For a history of economics, see the article history of economic thought. Yongcheol shin studies spatial modeling, hierarchical linear modeling, and spatial statistics. But, economics doesnt have to be boring, and it can even be useful to those of us who arent economists and dont work in finance. Time series and panel data econometrics, oxford, oxford university press, october 2015. Shin, yongcheol and yu, byungchul and greenwoodnimmo, matthew, modelling asymmetric cointegration and dynamic multipliers in a nonlinear ardl framework october 21, 20. See the complete profile on linkedin and discover yongcheol s connections and jobs at similar companies. Allan timmermann professor of finance and economics, ucsd verified email at ucsd. Yongcheol shin previously held positions at the university of edinburgh and at the university of cambridge.
Yongcheol shin is professor of applied econometrics at the university of leeds. Yongcheol shin professor of economics, university of york verified email at york. Only economists with biographical articles in wikipedia are listed here. He has held visiting positions at harvard university, ucla, university of pennsylvania, and the university of southern california.
Particular attention is paid to modelling monetary policy decisions, inflation targeting, the derivation of a base rate reaction function, and the. The school of economics at the university of edinburgh is a division of the universitys college of humanities and social science in edinburgh. How sure are we that economic time series have a unit root author links open overlay panel denis kwiatkowski peter c. Yongcheol shin previously held positions at the university of edinburgh and at. An autoregressive distributedlag modelling approach to. An autoregressive distributed lag modelling approach to cointegration analysis. This chapter explores a set of identifying restrictions on the shortrun dynamics that might be used to supplement the longrun restrictions if the model is to be used to investigate the effect of economicallymeaningful shocks.
This book provides a comprehensive description of the stateoftheart in. It is the journals intention to maintain a sound balance between economic theory and application at both the micro and the macro levels, whilst publishing articles that help to find solutions to the problems facing many economies around. Yongcheol shin university of york thursday 5 march 2020, 3. Multilateral resistance and the euro effects on trade. Bounds testing approaches to the analysis of level relationships. Ron smith birkbeck, university of london verified email at bbk. Modelling asymmetric cointegration and dynamic multipliers. Bounds testing approaches to the analysis of longrun. Registration registration not required just turn up. Yongcheol shin department of economics and related studies. Economic theory of the short run oxford scholarship.
Testing for cointegration in nonlinear smooth transition error. In cases in which the variables in the longrun relation of interest are trendstationary, the general practice has been to detrend the series and to model the detrended series as stationary autoregressive distributedlag ardl models. Tests search for similar items in econpapers pages. Applied macroeconomics, macroeconomic policy, business cycles. View yongcheol shin s profile on linkedin, the worlds largest professional community. Yongcheol shin born 24 december 1960 is a south koreanborn british economist at the. The first part of the book discusses the ways in which economic theory and econometric. M hashem pesaran cambridge working papers in economics from faculty of economics, university of cambridge. American firms doing business in china are learning how to navigate the coronavirus outbreak as the government limits peoples movements. Hashem pesaran trinity college, cambridge, england yongcheol shin department of applied economics. This cited by count includes citations to the following articles in scholar. University of edinburgh school of economics wikipedia. Bounds testing approaches to the analysis of level. Written from a real world perspective to ensure the.
Testing the null hypothesis of stationarity against the alternative of a unit root. Econometrics and economic theory in the 20th century edited by steinar strom january 1999. He has over 20 journal publications in the areas of econometrics, empirical finance, and macroeconomics. Global and national macroeconometric modelling paperback. An autoregressive distributed lag modelling approach to. Yongcheol shin is a south koreanborn british economist at the university of. Im and yongcheol shin authors registered in the repec author service. Currently, shin is a professor at the department of economics and related studies at the university of york. My current research covers a number of distinct areas of both applied and theoretical econometrics. Euncheol shin in korean assistant professor college of business.
Quantile cointegration in the autoregressive distributed. Greenwoodnimmo, matthew and nguyen, viet hoang and shin, yongcheol, international linkages of the korean economy. Emerald journal of economic studies editorial team. Hashem pesaran, and yongcheol shin abstract this book provides a comprehensive description of the stateoftheart in macroeconometric modelling and describes the longrun structural modelling approach applied to the modelling of. Yongcheol shin professor in economics university of. Buy global and national macroeconometric modelling. Use features like bookmarks, note taking and highlighting while reading global and national macroeconometric modelling. Download it once and read it on your kindle device, pc, phones or tablets. This book provides a comprehensive description of the stateoftheart in modelling global and national economies. This paper this paper develops a new approach to the problem of testing the existence of a longrun level relationship between a dependent variable and a set of regressors, when it is not known with certainty whether the underlying regressors are trend or firstdifference stationary. An opensource economics textbook for the real world. Yongcheol shin research database, the university of york.
Panel data econometrics, time series econometrics, financial econometrics. It introduces the longrun structural approach to modelling that can be readily adopted for use in understanding how economies work, and in generating forecasts for decision and policymakers. Bounds testing approaches to the analysis of long run relationships, ese discussion papers 46, edinburgh school of economics, university of edinburgh. Economics letters 38 1992 387392 387 northholland the kpss stationarity test as a unit root test yongcheol shin and peter schmidt michigan state university, east lansing mi, usa received 2 december 1991 accepted 14 february 1992 the stationarity test statistic of kwiatkowski et al. Corporate finance, financial markets and market microstructure. Alexander chudik federal reserve bank of dallas verified email at. The kpss stationarity test as a unit root test sciencedirect. Testing for a unit root in the nonlinear star framework. The books homepage helps you explore earths biggest bookstore without ever leaving the comfort of your couch. This is an incomplete alphabetical list by surname of notable economists, experts in the social science of economics, past and present. Yongcheol shin professor department of economics room. Korea advanced institute of science and technology kaist curriculum vitae education. Faculty of economics and politics, university of cambridge, sidgwick avenue, cambridge cb3 9ddsearch for more papers by this author. Pooled mean group estimation of dynamic heterogeneous panels m.
A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. Game theory, political economy, microeconomic issues of lessdeveloped economies. Pooled mean group estimation of dynamic heterogeneous. An application to the uk economy, discussion papers in economics 004, division of economics, school of business, university of leicester. Econometric analysis of longrun relations has been the focus of much theoretical and empirical research in economics. This seminar is hosted by the economics department. Smith it is now quite common to have panels in which both t, the number of time series observations, and n, the number of groups. Global and national macroeconometric modelling anthony. While comprising a small school, the subject economics at the university has a long history.
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