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Economic Modeling and Inference
Bent Jesper Christensen
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Description for Economic Modeling and Inference
Hardback. Takes econometrics to a fresh level by demonstrating how to combine modern economic theory with the statistical inference methods to get the most out of economic data. This title draws applications from both microeconomics and macroeconomics, paying special attention to financial and labor economics. Num Pages: 488 pages, 19 line illus. 21 tables. BIC Classification: KCA. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 233 x 147 x 33. Weight in Grams: 814.
Economic Modeling and Inference takes econometrics to a new level by demonstrating how to combine modern economic theory with the latest statistical inference methods to get the most out of economic data. This graduate-level textbook draws applications from both microeconomics and macroeconomics, paying special attention to financial and labor economics, with an emphasis throughout on what observations can tell us about stochastic dynamic models of rational optimizing behavior and equilibrium. Bent Jesper Christensen and Nicholas Kiefer show how parameters often thought estimable in applications are not identified even in simple dynamic programming models, and they investigate the roles of extensions, ... Read more
Economic Modeling and Inference takes econometrics to a new level by demonstrating how to combine modern economic theory with the latest statistical inference methods to get the most out of economic data. This graduate-level textbook draws applications from both microeconomics and macroeconomics, paying special attention to financial and labor economics, with an emphasis throughout on what observations can tell us about stochastic dynamic models of rational optimizing behavior and equilibrium. Bent Jesper Christensen and Nicholas Kiefer show how parameters often thought estimable in applications are not identified even in simple dynamic programming models, and they investigate the roles of extensions, ... Read more
Product Details
Format
Hardback
Publication date
2009
Publisher
Princeton University Press United States
Number of pages
496
Condition
New
Number of Pages
488
Place of Publication
New Jersey, United States
ISBN
9780691120591
SKU
V9780691120591
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Bent Jesper Christensen
Bent Jesper Christensen is professor of economics and management at the University of Aarhus in Denmark. Nicholas M. Kiefer is the Ta-Chung Liu Professor in Economics and Statistical Science at Cornell University.
Reviews for Economic Modeling and Inference
"Economic Modeling and Inference gives an excellent overview of dynamic modeling techniques in economics and fills an important gap among current textbooks. [It] is an excellent book, especially for graduate students in economics... [I]t is also a must for economists who need a refresher course in dynamic modeling ... [and] should also be on the bookshelf of practicing researchers interested ... Read more