Time Series Analysis: Nonstationary and Noninvertible Distribution Theory

Reflects the developments and new directions in the field since the publication of the first successful edition and contains a complete set of problems and solutions

This revised and expanded edition reflects the developments and new directions in the field since the publication of the first edition. In particular, sections on nonstationary panel data analysis and a discussion on the distinction between deterministic and stochastic trends have been added. Three new chapters on long-memory d...