Advances in Non-linear Economic Modeling Theory and Applications /

• Corporate Author: SpringerLink (Online service)
• Other Authors: Schleer-van Gellecom, Frauke (Editor)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2014.
• Series: Dynamic Modeling and Econometrics in Economics and Finance, 17
• Subjects: Economic theory.; Econometrics.; Macroeconomics.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.
• Physical Description: IX, 262 p. 59 illus. online resource.
• ISBN: 9783642420399
• ISSN: 1566-0419 ;

In recent years non-linearities have gained increasing importance in economic and econometric research, particularly after the financial crisis and the economic downturn after 2007. This book contains theoretical, computational and empirical papers that incorporate non-linearities in econometric models and apply them to real economic problems. It intends to serve as an inspiration for researchers to take potential non-linearities in account. Researchers should be aware of applying linear model-types spuriously to problems which include non-linear features. It is indispensable to use the correct model type in order to avoid biased recommendations for economic policy.