Introduction to Estimating Economic Models

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A01=Atsushi Maki
advanced econometric estimation methods
Author_Atsushi Maki
carlo
Category=GTM
Category=KCC
Category=KCH
Category=KCJ
Category=KJC
Censored Tobit Model
CES Production Function
Cobb Douglas Production Function
data
Data Set
disturbance
Double Hurdle Model
econometric analysis
Endogenous Variables
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Exogenous Variables
experimental economics
Fixed Effects Model
Hicksian Demands
hypothesis
Laspeyres Price Index
Linear Homogeneity
Market Demand Function
Market Supply Functions
method
Mis-specified Model
Money Demand Function
monte
Mundell Fleming Model
Null Hypothesis
OLS Method
panel data methods
policy evaluation techniques
qualitative response analysis
Qualitative Response Models
Random Effects Model
set
Simultaneous Equations Estimation
Structural Change Test
term
time series modelling
Tobit Model
Unit Root Test
virtual
Virtual Data Set

Product details

  • ISBN 9780415589864
  • Weight: 570g
  • Dimensions: 156 x 234mm
  • Publication Date: 01 Dec 2010
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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The book's comprehensive coverage on the application of econometric methods to empirical analysis of economic issues is impressive. It uncovers the missing link between textbooks on economic theory and econometrics and highlights the powerful connection between economic theory and empirical analysis perfectly through examples on rigorous experimental design. The use of data sets for estimation derived with the Monte Carlo method helps facilitate the understanding of the role of hypothesis testing applied to economic models.

Topics covered in the book are: consumer behavior, producer behavior, market equilibrium, macroeconomic models, qualitative-response models, panel data analysis and time-series analysis. Key econometric models are introduced, specified, estimated and evaluated. The treatment on methods of estimation in econometrics and the discipline of hypothesis testing makes it a must-have for graduate students of economics and econometrics and aids their understanding on how to estimate economic models and evaluate the results in terms of policy implications.

Atsushi Maki is presently with the Department of Economics, Tokyo International University, Japan. He is Professor Emeritus of Economics at Keio University, Japan. Previously, he was Professor of Economics (1987-2009) at the Faculty of Business and Commerce, Keio University. He has been a visiting scholar at several universities such as Harvard University and the Australian National University, and has taught at several universities and institutions such as Osaka University, ESSEC (France), KSMS (Kenya) and Willamette University as a visiting professor. His main fields are empirical analysis of consumer behaviour and market behaviour.

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