(Get free) Econometrics: Alchemy or Science?: Essays in Econometric Methodology






 | #3983548 in eBooks |  2000-10-26 |  2000-10-26 | File Name: B005NKFBOM


||0 of 0 people found the following review helpful.| David Hendry's Greatest Hits|By Fin Econ|An outstanding collection of papers by Oxford University Professor David Hendry.

Taken collectively, the body of work presents a tremendous contribution to econometric modelling.

Relevant for both practitioners and academics alike. Also a great read for current graduate students of time series econometrics.<| |Eighteen previously published papers of methodology, from the period 1974 to 1985, provide an overview of the development of the field and are integrated by commentary on the motivations, personalities, and ideas central to this development. * Journal of Econ

"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 ...


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