Wiley Time Series Analysis: Nonstationary Distribution Theory

This revised and expanded edition of Time Series Analysis: Nonstationary and Noninvertible Distribution Theory provides updated insights into the field of econometrics. Part of the Wiley Series in Probability and Statistics, this fourth volume reflects recent developments and new directions since the first edition. Readers can explore new sections on nonstationary panel data analysis and a detailed discussion on the distinction between deterministic and stochastic trends. The text also includes three new chapters covering long-memory discrete-time and continuous-time processes. To support learning and practical application, this edition contains a complete set of problems and solutions, making it a comprehensive resource for students and professionals in economics and statistics.