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By Professor Dr. Walter Krämer, Dr. Harald Sonnberger (auth.)

This monograph grew out of joint paintings with a number of committed colleagues and scholars on the Vienna Institute for complex experiences. we might most likely by no means have began with no the impetus of Johann Maurer, who for it slow used to be the spiritus rector at the back of the Institute's macromodel of the Austrian financial system. Manfred Deistler supplied sustained stimulation for our examine via many discussions in his econometric learn seminar. comparable credit are because of Adrian Pagan, Roberto Mariano and Garry Phillips, the econometrics visitor professors on the Institute within the 1982 - 1984 interval, who via their lectures and recommendation have contributed significantly to our attempt. Hans SchneeweiB provided worthwhile reviews on an prior model of the manuscript, and Benedikt Poetscher used to be continually prepared to lend a assisting . hand once we had difficulty with the maths of the exams. remember the fact that that any blunders are our personal. a lot of the programming for the exams and for the Monte Carlo experiments used to be performed via Petr Havlik, Karl Kontrus and Raimund Alt. with no their information, our examine venture may were most unlikely. Petr Havlik and Karl Kontrus moreover. learn and criticized parts of the manuscript, and have been of significant assist in decreasing our blunders cost. some of the extra theoretical ends up in this monograph could by no means have come to mild with out the mathematical services of Werner Ploberger, who supplied lots of the statistical history of the bankruptcy on checking out for structural swap . .

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