Rex Bergstrom's contributions to continuous time macroeconometric modelling

Nowman, K.B. 2009. Rex Bergstrom's contributions to continuous time macroeconometric modelling. Econometric Theory. 25 (4), pp. 1087-1098. https://doi.org/10.1017/S0266466608090427

TitleRex Bergstrom's contributions to continuous time macroeconometric modelling
AuthorsNowman, K.B.
Abstract

This paper reviews the contributions of Rex Bergstrom to the development of continuous time dynamic disequilibrium macroeconomic modeling since the early 1960s. The models provide an elegant integration of economic theory with analysis of steady state and stability properties. The subsequent contributions of his Ph.D. students, spawned by Bergstrom’s work over the years, is also reviewed. It was Bergstrom’s early pioneering vision 40 years ago of formulating and estimating continuous time models that underlies much of the research in that area of econometrics and finance today.

JournalEconometric Theory
Journal citation25 (4), pp. 1087-1098
ISSN0266-4666
YearAug 2009
PublisherCambridge University Press
Digital Object Identifier (DOI)https://doi.org/10.1017/S0266466608090427
Publication dates
SubmittedAug 2009
EventA. R. Bergstrom Memorial Conference

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