Deterministic Properties of Serially Connected Distributed Lag Models

• Autorzy: Piotr Nowak , Jan Gadomski
• Języki publikacji: EN

Abstrakty

EN

Distributed lag models are an important tool in modeling dynamic systems in economics. In the analysis of composite forms of such models, the component models are ordered in parallel (with the same independent variable) and/or in series (where the independent variable is also the dependent variable in the preceding model). This paper presents an analysis of certain deterministic properties of composite distributed lag models composed of component distributed lag models arranged in sequence, and their asymptotic properties in particular. The models considered are in discrete form. Even though the paper focuses on deterministic properties of distributed lag models, the derivations are based on analytical tools commonly used in probability theory such as probability distributions and the central limit theorem. (original abstract)

Słowa kluczowe

EN

Economic models

PL

Modele ekonomiczne

• Czasopismo: Operations Research and Decisions
• Rocznik: 2013
• Tom: 23
• Numer: nr 3
• Strony: 43--55

Twórcy

autor

Piotr Nowak

• Polish Academy of Sciences

autor

Jan Gadomski

• Polish Academy of Sciences, Warszawa

Bibliografia

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Identyfikatory

DOI

10.5277/ord130304