Finance, Econometrics and System Dynamics presents an overview of the concepts and tools for analyzing complex systems in a wide range of fields. The text integ

Both state-space models and Markov switching models have been highly productive paths for empirical research in macroeconomics and finance. This book presents r

The past decade has seen powerful new computational tools for modeling which combine a Bayesian approach with recent Monte simulation techniques based on Markov

Provides a simple and clear description of explicit duration modeling. The presentation focuses on making distinctions that help structure the space of models a

This book is a collection of state-of-the-art papers on the properties of business cycles and financial analysis. The individual contributions cover new advance