This paper attempts to provide the user of linear multiple regression with a battery of diagnostic tools to determine which, if any, data points have high leverage or influence on the estimation process and how these possibly discrepant data points differ from the patterns set by the majority of...

This book addresses an often neglected aspect of econometrics, the question of how to assess the specification, strengths, weaknesses, limits, and sensitive features of a model. The contributions are the result of a five-year inter-university research project to improve understanding of concepts...