Typologies of linear dynamic systems and models.

Open and closed linear dynamic systems are formulated and considered for stationary and integrated data processes. A typology of linear dynamic systems is developed, extending that available for individual dynamic equations. Then an overlapping typology of models of these systems is...

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Bibliographic Details
Main Author: Hendry, D
Format: Journal article
Published: Elsevier 1996
Description
Summary:Open and closed linear dynamic systems are formulated and considered for stationary and integrated data processes. A typology of linear dynamic systems is developed, extending that available for individual dynamic equations. Then an overlapping typology of models of these systems is examined and methods for analyzing econometric models are described. General to simple modelling strategies are briefly considered