Showing 1 - 10 of 20
Measurement forms the substance of econometrics. This chapter outlines the history of econometrics from a measurement … perspective - how have measurement errors been dealt with and how, from a methodological standpoint, did econometrics evolve so as …
Persistent link: https://www.econbiz.de/10010289028
Persistent link: https://www.econbiz.de/10003942770
, relating them to Frisch's later works and more important, to subsequent developments in economics and econometrics. -- History … of econometrics …
Persistent link: https://www.econbiz.de/10003960237
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 …
Persistent link: https://www.econbiz.de/10011487537
Persistent link: https://www.econbiz.de/10011451569
Persistent link: https://www.econbiz.de/10001554384
Persistent link: https://www.econbiz.de/10001566256
Persistent link: https://www.econbiz.de/10001568007
This study exposes the specious quality of ‘endogeneity bias'. It reviews how conceptualisation of the bias has evolved to embrace all major econometric problems, despite extensive lack of hard evidence. It reveals the crux of the bias – a priori rejection, as conditionally invalid, of...
Persistent link: https://www.econbiz.de/10012965988
This overview examines conditions for reliable economic policy analysis based on econometric models, focusing on the econometric concepts of exogeneity, cointegration, causality, and invariance. Weak, strong, and super exogeneity are discussed in general; and these concepts are then applied to...
Persistent link: https://www.econbiz.de/10014219439