Introduction: Cointegration, Economic Equilibrium and the Long Run

  • Simon P. Burke
  • John Hunter
Chapter
Part of the Palgrave Texts in Econometrics book series (PTEC)

Abstract

The econometrician or statistician might be viewed as a forensic scientist, trying to detect from the splatter (of blood), a line through space from which it may be determined, how and by whom a crime was committed. The tools available to calculate and describe this evidence are estimators and tests, and then — conditional on the model selected — identification of the cause or the perpetrator of the crime.

Keywords

Europe Covariance Income Estima 

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Copyright information

© Simon P. Burke and John Hunter 2005

Authors and Affiliations

  • Simon P. Burke
  • John Hunter

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