Selected Topics in Applied Econometrics

2019 ◽  
Keyword(s):  
Applied Econometrics

Applied Econometrics

2016 ◽  
Author(s):  
Dimitrios Asteriou ◽  
Stephen G. Hall
Keyword(s):  
Applied Econometrics

ECONOMETRICS

2002 ◽  
Vol 18 (4) ◽  
pp. 1000-1006
Author(s):  
In Choi
Keyword(s):  
Applied Econometrics ◽  
Research Interest ◽  
First Year ◽  
Graduate Text

There are six factors that can enhance or weaken an econometrics text: coverage, lucidity, speed, independence, examples, and exercises. With clear explanations and a smooth pace, Fumio Hayashi's Econometrics succeeds as a solid first-year graduate text. The ample empirical applications examples reflect the author's research interest—applied econometrics—and make the work best suited for students sharing that interest.

Economics is whatever the comparative advantage of economists is: a comment on Leeson (2020)

2020 ◽  
Vol 16 (4) ◽  
pp. 553-556
Author(s):  
Ryan H. Murphy
Keyword(s):  
Rational Choice ◽  
Comparative Advantage ◽  
Rational Choice Theory ◽  
Choice Theory ◽  
Explanatory Power ◽  
Applied Econometrics ◽  
Theoretical Frameworks ◽  
Social Scientists ◽  
Comparative Advantages

AbstractLeeson (2020) objects to the conflation of economics with applied econometrics, and argues that economics instead should be thought of as the implications of the assumption that individuals maximize, i.e. rational choice theory. But, narrowly defining economics in terms of method demands that we ignore alternative theoretical frameworks which potentially hold explanatory power about topics thought of as economics, all for the sake of a definition. I suggest that applying rational choice theory and applying econometrics became the comparative advantage for economists relative to other social scientists by accidents of history. These comparative advantages largely persist. It is reasonable to call applications of both rational choice theory and econometrics to topics outside conventional economic topics ‘economics’ simply because these applications remain the comparative advantage of economists.

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