Stochastic Parameter Regression Models (Quantitative Applications in the Social Sciences) by Paul Newbold

by Paul Newbold

Whereas standard regression models force economic relationships or behavior to be fixed through time, stochastic parameter regression models allow relationships to vary slowly--without need for specification of the causes of that variation. The authors thoroughly examine the usefulness of the Kalman filter and state-space modeling in work with the stochastic parameter regression model.

Paperback

First published May 1, 1985