W.B. Reddaway has been a highly influential figure in Cambridge economics during the second half of the 20th Century. His method and style of doing economics - called the Reddaway-type economics - were quite distinct. The present paper explains Reddaway's methodology by examining his most...

This study examines high school effects on the labor market success of young adults, above and beyond individual and family characteristics. We employ data from two longitudinal, nationally probability samples: the National Longitudinal Study and the High School and Beyond study and the 5th and...

This paper is a general reflection on the major challenges facing econometrics in the future, not only in terms of research directions but also with respect to the method of teaching the science and its value for the society as a whole.

The authors show how the work of Nobel Laureates in economics can enhance student understanding and bring them up to date on topics such as probability, uncertainty and decision theory, hypothesis testing, regression to the mean, instrumental variable techniques, discrete choice modeling, and...

Research and Science Today Journal is a publication founded in 2011 and it is dedicated to the students of all levels (license, master and doctoral) of faculties in the country and abroad. We want to offer the participants the opportunity to present their scientific works in the following areas:...

This paper aims at estimating the determinants of co-authorship in economics. More specifically, we test if there is a relationship between the efficiency in research of an individual and that of his co-authors using a novel database of French academics. The main empirical result is that the...

This paper explores the potential of using empirical data to illuminate long-standing issues in legal theory. Sophisticated parties often include dispute-resolution clauses in major contracts. Because these terms are agreed to ex ante, they may represent the parties' mutual best judgment about...

In this spirited and provocative book, Edward Leamer turns an examination of the Heckscher–Ohlin framework for global competition into an opportunity to consider the craft of economics: what economists do, what they should do, and what they shouldn’t do. Claiming “a lifetime relationship...

En este capítulo se presentan los procedimientos clásicos para evaluar y analizar el comportamiento aleatorio de las variables.

En este capítulo, se presentan algunos conceptos básicos que son necesarios para comprender la estadística y a los cuales se hará referencia constante en los capítulos posteriores.