Years of High Econometrics

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A01=Francisco Louca
American Economic Association
American Statistical Association
Arjo Klamer
Author_Francisco Louca
Category=KCH
Category=KCZ
Category=PDA
Charles Roos
Colonial Club
commission
Conjuncture Institute
corbeiller
cowles
Cowles Commission
Cowles Commission research
Early Econometrics
Econometric Movement
Econometric Society
economic theory debates
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eq_nobargain
eq_non-fiction
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estimation
evolution of quantitative economic analysis
Exhaustive Quantification
Frederick Mills
frisch
history of econometric methods
Institut Henri Poincare
Irving Fisher
jan
Jan Tinbergen
Keynes
Le Corbeiller
Mathematical Economics
mathematical economics foundations
Mechanical Analogy
Mechanical Illustration
movement
Oslo University
probability theory in economics
ragnar
Ragnar Frisch
Social Physics
society
statistical modelling economics
structural
Structural Estimation
United Arab Republic

Product details

  • ISBN 9780415419741
  • Weight: 900g
  • Dimensions: 156 x 234mm
  • Publication Date: 12 Jul 2007
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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A fascinating and comprehensive history, this book explores the most important transformation in twentieth century economics: the creation of econometrics.

Containing fresh archival material that has not been published before and taking Ragnar Frisch as the narrator, Francisco Louca discusses both the keys events - the establishment of the Econometric Society, the Cowles Commission and the journal Econometrica – and the major players - economists like Wesley Mitchell, mathematicians like John von Neumann and statisticians like Karl Pearson - in history that shaped the development of econometrics.

He discusses the evolution of their thought, detailing the debates, the quarrels and the interrogations that crystallized their work and even offers a conclusion of sorts, suggesting that some of the more influential thinkers abandoned econometrics or became critical of its development.

International in scope and appeal, The Years of High Econometrics is an excellent accompaniment for students taking courses on probability, econometric methods and the history of economic thought.

Francisco Louçã is Associate Professor of Economics at ISEG (Lisbon), where he teaches macroeconomics and the history of economics.

He is part of a research team on complexity in economics, and published several books and a number of papers, namely in economic journals (Cambridge Journal of Economics, Economic Journal, History of Political Economy, etc.) but also in journals of theoretical physics (Physica A, etc.).

He got the prize of the History of Economics Association for the best paper published in 1999.

He was elected member of Parliament in 1999, and reelected in 2002 and 2005 (for the Left Block), serving currently at the Budget Commission. Louçã was involved in a major reform of the fiscal laws in Portugal (2000) as well as in other legislation on economic and social matters.

Francisco Louçã is Associate Professor of Economics at ISEG (Lisbon), where he teaches macroeconomics and the history of economics.

He is part of a research team on complexity in economics, and published several books and a number of papers, namely in economic journals (Cambridge Journal of Economics, Economic Journal, History of Political Economy, etc.) but also in journals of theoretical physics (Physica A, etc.).

He got the prize of the History of Economics Association for the best paper published in 1999.

He was elected member of Parliament in 1999, and reelected in 2002 and 2005 (for the Left Block), serving currently at the Budget Commission. Louçã was involved in a major reform of the fiscal laws in Portugal (2000) as well as in other legislation on economic and social matters.

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