w88 casino News Network (Correspondent Guo Hongfang)2012Year4month23Sunday afternoon2：00Point, in the conference room of the Administration Building of the w88 casino222, the graduate lecture series jointly sponsored by the Graduate w88 casino and the Institute of International Economics invited Professor Zhang Xiaotong of Nankai University to give an academic lecture on "Contemporary Econometric Model System" to our graduate students.
Associate Professor Tang Bi, assistant to the dean of the Institute of International Economics at the w88 casino, presided over the lecture. Members of the innovation team of the Institute of International Economics, counselors Taiping and Du Liwei and other teachers attended the lecture. Master and doctoral students at the w88 casino attended the lecture.
Professor Zhang Xiaotong first introduced the classification of contemporary econometric model systems, which are generally divided into three parts: regression models, time series models and Monte Carlo simulation techniques; and if based on dependent variable characteristics or familiarity, a more detailed classification can be obtained. Zhang Xiaotong mainly explained the single equation regression model, the simultaneous equation model, the panel data model, the state space model in the multi-equation regression model, and the linear time seriesARIMAModel,SARIMAModels and combination models, quantile regression models, discrete dependent variable models, restricted dependent variable models, seasonal adjustment of time series. During the explanation, Professor Zhang Xiaotong listed classic examples for teachers and students to make these econometric models easier to understand. In addition, he also briefly introduced the multi-equation regression model,VARModel,VECModel, component decomposition model of time series, nonlinear time seriesGARModel,BLModel,TARModel,STARModel, second-order moment modelARCHModel,GARCHModel,SVmodel, and duration modelACDModel,SCDModel, vectorARIMAModels, etc.
During the question and answer session, students actively raised various questions, such as the difference between panel and cross-sectional data, how to select independent variables, quarterly adjustment methods, the choice of insignificant variables, and what model to use for high-frequency data,Professor Zhang Xiaotong answered each question carefully and in detail. Both teachers and students benefited a lot from this lecture and gained a deeper and clearer understanding of econometric models.
Professor Zhang Xiaotong is a professor at the w88 casino of Economics at Nankai University, director of the Institute of Quantitative Economics, doctoral supervisor, executive director of the China Quantitative Economics Society, chairman of Tianjin Quantitative Economics, part-time professor and doctoral supervisor at the Business w88 casino and Quantitative Economics Research Center of Jilin University, and holds a PhD in economics from Osaka City University in Japan.1984-1986Nianhe1993-1998In Concordia, Canada(Concordia)Study abroad at university and Osaka City University in Japan. His research fields are econometrics and applied statistics. He has edited "Fundamentals of Econometrics"(No.2version), "Econometric SoftwareEViewsUser Guide》(No.2version), "Econometric Analysis"(revised version)、"Cointegration and Error Correction-Theory and Application with Mathematica", "Econometrics"(No.2version) etc. Professor Zhang Xiaotong has strong academic authority in the fields of econometrics, time series analysis, forecasting methods, applied statistics, and multivariate analysis.
