Statistical Analysis and Forecasting of Economic Structural Change

This book treats methods and problems of the statistical analysis of economic data in the context of structural change. It documents the state of the art, gives insights into existing methods and describes new developments and trends. An introductory chapter gives a survey of the book and puts the following chapters into a broader context. The rest of the volume is organized in three parts. - Identification of Structural Change: This part is con cerned with the detection of parameter nonconstancy. - Model Building in the Presence of Structural Change: In this part models are addressed that are generaliza tions of constant parameter models. - Data Analysis and Modeling: This part deals with real life structural change situations. The book is intended to stimulate and improve communication between economists and statisticians concerning methods and their corresponding fields of application that are of increasing importance for both theory and practice.