Complete and Incomplete Econometric Models
John Geweke
€ 90.22
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Description for Complete and Incomplete Econometric Models
Hardback. Econometric models are widely used in the creation and evaluation of economic policy in the public and private sectors. This book addresses the critical earlier stage of model development, the point at which potential models are inherently incomplete. Series: The Econometric and Tinbergen Institutes Lectures. Num Pages: 176 pages, 23 line illus. 12 tables. BIC Classification: KCH. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 216 x 140 x 20. Weight in Grams: 354.
Econometric models are widely used in the creation and evaluation of economic policy in the public and private sectors. But these models are useful only if they adequately account for the phenomena in question, and they can be quite misleading if they do not. In response, econometricians have developed tests and other checks for model adequacy. All of these methods, however, take as given the specification of the model to be tested. In this book, John Geweke addresses the critical earlier stage of model development, the point at which potential models are inherently incomplete. Summarizing and extending recent advances in ... Read more
Econometric models are widely used in the creation and evaluation of economic policy in the public and private sectors. But these models are useful only if they adequately account for the phenomena in question, and they can be quite misleading if they do not. In response, econometricians have developed tests and other checks for model adequacy. All of these methods, however, take as given the specification of the model to be tested. In this book, John Geweke addresses the critical earlier stage of model development, the point at which potential models are inherently incomplete. Summarizing and extending recent advances in ... Read more
Product Details
Format
Hardback
Publication date
2010
Publisher
Princeton University Press United States
Number of pages
176
Condition
New
Series
The Econometric and Tinbergen Institutes Lectures
Number of Pages
176
Place of Publication
New Jersey, United States
ISBN
9780691140025
SKU
V9780691140025
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About John Geweke
John Geweke is Distinguished Research Professor at the University of Technology Sydney, and research professor at the University of Colorado. He is the coeditor of the "Journal of Econometrics" and his most recent previous book is "Contemporary Bayesian Econometrics and Statistics" (Wiley).
Reviews for Complete and Incomplete Econometric Models
"This book is original and powerful. It develops a Bayesian paradigm that embraces the reality of applied modeling, in which 'discoveries' of things previously unimagined are made regularly. It will be of immediate interest to all economists and statisticians who want to push Bayesian principles toward innovative practice (and who doesn't?)."—Francis X. Diebold, University of Pennsylvania "How do we know ... Read more