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Synopsis
In these three essays, Professor Granger explains the process of constructing and evaluating an empirical model. Drawing on a wide range of cases and vignettes from economics, finance, politics and environment economics, as well as from art, literature, and the entertainment industry, Professor Granger combines rigour with intuition to provide a unique and entertaining insight into one of the most important subjects in modern economics. Chapter 1 deals with Specification. The process of specifying a model is discussed using deforestation in the Amazon region of Brazil as an illustration. Chapter 2 considers Evaluation, and argues that insufficent evaluation is undertaken by economists, and that models should be evaluated in terms of the quality of their output. In Chapter 3, the question of how to evaluate forecasts is considered at several levels of increasing depth and using a more sophisticated, technical approach than in the earlier two chapters.
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Winner of The Nobel Prize for Economics 2003.
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Empirical Modeling in Economics: Specification and Evaluation.
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Cambridge University Press, 1999
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Empirical Modeling in Economics: Specification and Evaluation
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Cambridge University Press, 1999
ISBN 10: 0521662087
ISBN 13: 9780521662086
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Empirical Modelling Specification and Evaluation.
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Cambridge, etc.: Cambridge University Press, 1999., 1999
ISBN 10: 0521662087
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First Edition. xii, 99 pp. Original cloth. Near Fine, without dust jacket. "In these three essays, Professor Granger explains the process of constructing and evaluating an empirical model. Drawing on a wide range of cases and vignettes from economics, finance, politics and environment economics, as well as from art, literature, and the entertainment industry, Professor Granger combines rigor with intuition to provide a unique and entertaining insight into one of the most important subjects in modern economics. Chapter 1 deals with Specification. Chapter 2 considers Evaluation, and argues that insufficent evaluation is undertaken by economists, and that models should be evaluated in terms of the quality of their output. In Chapter 3, the question of how to evaluate forecasts is considered at several levels of increasing depth" (Cambridge University Press Web site). Clive W. J. Granger: Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 2003, "for methods of analyzing economic time series with time-varying volatility (ARCH)" "for methods of analyzing economic time series with common trends (cointegration)". Seller Inventory # 12065
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Empirical Modeling in Economics. Specification and Evaluation.
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Empirical Modeling in Economics: Specification and Evaluation
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Empirical Modeling in Economics: Specification and Evaluation
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Empirical Modeling in Economics: Specification and Evaluation
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Empirical Modeling in Economics (Hardcover)
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Hardcover. Condition: new. Hardcover. In these three essays, Professor Granger explains the process of constructing and evaluating an empirical model. Drawing on a wide range of cases and vignettes from economics, finance, politics and environment economics, as well as from art, literature, and the entertainment industry, Professor Granger combines rigor with intuition to provide a unique and entertaining insight into one of the most important subjects in modern economics. Chapter 1 deals with Specification. Chapter 2 considers Evaluation, and argues that insufficent evaluation is undertaken by economists, and that models should be evaluated in terms of the quality of their output. In Chapter 3, the question of how to evaluate forecasts is considered at several levels of increasing depth. An account of the process of constructing and evaluating an empirical model. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Seller Inventory # 9780521662086
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Empirical Modeling in Economics
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Empirical Modeling in Economics
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Gebunden. Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Clive W. J. Granger is widely regarded as one of the greatest living social scientists. In this book, designed for scholars, researchers and senior undergraduates, he considers the process of constructing and evaluating an empirical model. Using case-studie. Seller Inventory # 446944211
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