Theory of Econometrics: An Introductory Exposition of Econometric Methods'A textbook which emphasises clarity of exposition and simplification of the mathematical presentation of topics. Assumes only college algebra and introductory statistics, since the greatest attention is given to the economic aspects of econometrics'. Journal of Economic Literature |
Contents
DEFINITION SCOPE AND DIVISION OF ECONOMETRICS 3 300 a | 3 |
METHODOLOGY OF ECONOMETRIC RESEARCH | 11 |
CORRELATION THEORY | 31 |
Copyright | |
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Theory of Econometrics: An Introductory Exposition of Econometric Methods A. Koutsoyiannis No preview available - 1987 |
Common terms and phrases
2SLS a₁ apply OLS assume assumptions asymptotic autocorrelation b₁ b₂ bias C₁ cent level Chapter commodity compute constant consumption function correlation coefficient covariance degrees of freedom demand function dependent variable determinant dummy variable econometric methods econometrician economic theory elasticity endogenous variables errors of measurement example exogenous expected value expenditure explanatory variables factors forecast hence heteroscedasticity homoscedastic identified income instrumental variables lagged least squares level of significance likelihood function LIML linear regression maximum likelihood mean multicollinearity normal distribution normal equations null hypothesis parameter estimates period population parameter predetermined variables principal components priori probability random term random variable reduced form reduced-form regression line residuals sample observations standard errors statistical structural equation structural parameters sum of squared transformation true parameter u₁ unbiased estimate v₁ v₂ var(b variation X₁ X₂ Y₁ Y₂ zero ΣΥ ΣΧ