Unit Root, Cointegration, Granger-Causality, Threshold Regression and Other Econometric Modeling with Economics and Financial Data (eBook, ePUB)

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Both deductive and inductive methods in scientific research have undergone significant changes since the beginning of the 20th century as sciences advance rapidly. Deductive method reached its pinnacle when Russel's paradox became popular in the field of mathematical logics. The famous barber's paradox illustrates the inevitable logical dilemma: the only barber in an isolated village does the following: (1) he cuts hair for those who do not cut their own and (2) does not cut hair for those who cut their own. Suppose 90 members in the village do not cut their hair (so barber cuts their hair) a...

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