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Statistical Foundations for Econometric Techniques cover
  • ISBN: 9780127754154
  • ISBN10: 0127754156

Statistical Foundations for Econometric Techniques

by Zaman, Asad

  • List Price: $108.95
  • Binding: Paperback
  • Publisher: Academic Press
  • Publish date: 01/01/1996
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Description
< B> Statistical Foundations for Econometric Techniques< /B> features previously unavailable material in a textbook format for econometrics students, researchers, and practitioners. Taking strong positions for and against standard econometric techniques, the book endorses a single best technique whenever possible. In many cases, the recommended optimal technique differs substantially from current practice. Detailed discussions present many new estimation strategies superior to conventional OLS a ways to use them. Key Features* Evaluates econometric techniques and the procedures commonly used to analyze those techniques* Challenges established concepts* Introduces many techniques that are not available in other texts* Recommends against using the Durbin-Watson and Lagrange Multiplier tests in favor of tests with superior power* Provides many new types of estimation strategies superior to conventional OLS* Forms a judicious mixture of various methodological approaches* Illustrates Empirical Bayes estimators and Robust Regression techniques possessing a 50% breakdown value
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