Error title
Some error text about your books and stuff.
Close

Econometrics Alchemy or Science? Essays in Econometric Methodology

by David F. Hendry

  • ISBN: 9780198293545
  • ISBN10: 0198293542

Econometrics Alchemy or Science? Essays in Econometric Methodology

by David F. Hendry

  • Binding: Paperback
  • Edition: 0002
  • Publisher: Oxford Univ Pr
  • Publish date: 08/01/2000
  • ISBN: 9780198293545
  • ISBN10: 0198293542
used Add to Cart $20.25
You save: 77%
Marketplace Item
Product notice Returnable at the third party seller's discretion and may come without consumable supplements like access codes, CD's, or workbooks.
new Add to Cart $102.03
FREE economy shipping!
ebook Buy $50.66
License: 180 days (until 04/19/2022)
Product notice May come without consumable supplements like access codes, CD's, or workbooks.
Description: "Econometrics: Alchemy or Science?" analyses the effectiveness and validity of applying econometric methods to economic time series. The methodological dispute is long-standing, and no claim can be made for a single valid method, but recent results on the theory and practice of model selection bid fair to resolve many of the contentious issues. The book presents criticisms and evaluations of competing approaches, based on theoretical economic and econometric analyses, empirical applications, and Monte Carlo simulations, which interact to determine best practice. It explains the evolution of an approach to econometric modelling founded in careful statistical analyses of the available data, using economic theory to guide the general model specification. From a strong foundation in the theory of reduction, via a range of applied andsimulation studies, it demonstrates that general-to-specific procedures have excellent properties. The book is divided into four Parts: Routes and Route Maps; Empirical Modelling Strategies; Formalization; and Retrospect and Prospect. A short preamble to each chapter sketches the salient themes, links to earlier and later developments, and the lessons learnt or missed at the time. A sequence of detailed empirical studies of consumers' expenditure and money demand illustrate most facets of the approach. Material new to this revised edition describes recent major advances in computer-automatedmodel selection, embodied in the powerful new software program PcGets, which establish the operational success of the modelling strategy.
Expand description
Product notice Returnable at the third party seller's discretion and may come without consumable supplements like access codes, CD's, or workbooks.
Seller Condition Comments Price  
Seller: SELG Inc. Booksellers
Location: New York, NY
Condition: Very Good
Shipping Icon
Size: 9x6x1; Softcover. Owner name; no other markings. Ships in a box. Ships from NYC.
Price:
$20.25
Comments:
Size: 9x6x1; Softcover. Owner name; no other markings. Ships in a box. Ships from NYC.
Seller: Ergodebooks
Location: Sheboygan, WI Ask seller a question
Condition: Good
Buy with confidence. Excellent Customer Service & Return policy.Ships Fast. 24*7 Customer Service.
Price:
$26.21
Comments:
Buy with confidence. Excellent Customer Service & Return policy.Ships Fast. 24*7 Customer Service.
Seller: GridFreed
Location: North Las Vegas, NV
Condition: New
New.
Price:
$91.92
Comments:
New.
Seller: Alibris
Location: Sparks, NV
Condition: New
Shipping Icon
Trade paperback (US). Glued binding. 560 p.
Price:
$95.88
Comments:
Trade paperback (US). Glued binding. 560 p.
please wait
Please Wait

Notify Me When Available

Enter your email address below,
and we'll contact you when your school adds course materials for
.
Enter your email address below, and we'll contact you when is back in stock (ISBN: ).