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Modelling Trends and Cycles in Economic Time Series

Palgrave Macmillan

Authors:

  • Expands on the research in the area of trends and cycles over the last (almost) two decades
  • Highlights the developments in econometrics then led to an overhaul of the techniques used to extract trends
  • Showcases the long history of modelling trends and cycles in economic time series

Part of the book series: Palgrave Texts in Econometrics (PTEC)

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Table of contents (7 chapters)

  1. Front Matter

    Pages i-xi
  2. Introduction

    • Terence C. Mills
    Pages 1-15
  3. Stochastic Trends and Cycles

    • Terence C. Mills
    Pages 43-90
  4. Filtering Economic Time Series

    • Terence C. Mills
    Pages 91-124
  5. Multivariate Modelling of Trends and Cycles

    • Terence C. Mills
    Pages 147-181
  6. Conclusions

    • Terence C. Mills
    Pages 183-185
  7. Back Matter

    Pages 187-214

About this book

Modelling trends and cycles in economic time series has a long history, with the use of linear trends and moving averages forming the basic tool kit of economists until the 1970s. Several developments in econometrics then led to an overhaul of the techniques used to extract trends and cycles from time series. In this second edition, Terence Mills expands on the research in the area of trends and cycles over the last (almost) two decades, to highlight to students and researchers the variety of techniques and the considerations that underpin their choice for modelling trends and cycles.

Authors and Affiliations

  • School of Business and Economics, Loughborough University, Loughborough, UK

    Terence C. Mills

About the author

​Terence C. Mills is Emeritus Professor of Applied Statistics and Econometrics at Loughborough University, UK, where he was previously Head of the department of Economics. He previously held professorial appointments at City University business school and Hull. He is the author of Time Series Techniques for Economists and The Econometric Modelling of Financial Time Series, plus over one hundred articles in journals and books.



Bibliographic Information

Buy it now

Buying options

eBook USD 89.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 119.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 119.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access