After a brief description of the first Bayesian steps into econometrics in the 1960s and early 70s, publication and … both theoretical and applied papers, such as Journal of Econometrics, Journal of Business and Economic Statistics and … Journal of Applied Econometrics, publish the large majority of high quality Bayesian econometric papers in contrast to …

This paper starts with a brief description of the introduction of the likelihood approach in econometrics as presented … with theoretical and applied papers, mainly consisting of Journal of Econometrics, Journal of Business and Eco- nomic … Statistics and Journal of Applied Econometrics which contains the large majority of high quality Bayesian econometric papers. A …

We recommend a major shift in the Econometrics curriculum for both graduate and undergraduate teaching. It is essential … conducting empirical macroeconomic research. We focus on a new approach to macro-econometrics teaching, since even undergraduate … econometrics courses must include analytical methods for time series that exhibit both evolution from stochastic trends and abrupt …