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This work focuses on the unobserved components model (UCM) approach rather than general state space modeling. It provides enough theory so that readers understand the underlying mechanisms while keeping the mathematical rigor to a minimum. Detailed worked examples and case studies illustrate applications in economics and business. The author also discusses the available software for UCM, including SAS, Stamp, R, and Stata. The data and code are available on a supplementary website.

Produktbeschreibung
This work focuses on the unobserved components model (UCM) approach rather than general state space modeling. It provides enough theory so that readers understand the underlying mechanisms while keeping the mathematical rigor to a minimum. Detailed worked examples and case studies illustrate applications in economics and business. The author also discusses the available software for UCM, including SAS, Stamp, R, and Stata. The data and code are available on a supplementary website.

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