{"product_id":"the-foundations-of-econometric-analysis-hardback-9780521380430","title":"The Foundations of Econometric Analysis (Hardback) 9780521380430","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eThe Foundations of Econometric Analysis\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eA 1995 collection of the classic papers of the pioneer econometricians which form the foundations of econometric thought.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eDavid F. Hendry (Author), Mary S. Morgan (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521380430, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 7 September 1995\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e576 pages, 83 b\/w illus.\u003cbr\u003e24.4 x 17 x 3.2 cm, 1.11 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e'Hendry and Morgan assemble in one place the classics of econometric thought. It is required reading for any student of the history of econometrics or anyone interested in the evolution of one body of thinking about how to interpret empirical evidence.'  James Heckman, University of Chicago\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eIn this compelling 1995 book, David Hendry and Mary Morgan bring together the classic papers of the pioneer econometricians. Together, these papers form the foundations of econometric thought. They are essential reading for anyone seeking to understand the aims, method and methodology of econometrics and the development of this statistical approach in economics. However, because they are technically straightforward, the book is also accessible to students and non-specialists. An editorial commentary places the readings in their historical context and indicates the continuing relevance of these early, yet highly sophisticated, works for current econometric analysis. While this book provides a companion volume to Mary Morgan's acclaimed The History of Econometric Ideas, the editors' commentary both adds to that earlier volume and also provides a stand-alone and synthetic account of the development of econometrics.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eIntroduction\u003cbr\u003e Part I. The Emerging Role of Econometrics in Economics: 1. The scope and method of political economy J. N. Keynes\u003cbr\u003e 2. Business cycles W. C. Mitchell\u003cbr\u003e 3. Economic cycles: their law and cause H. L. Moore\u003cbr\u003e 4. An essay on the nature and significance of economic science L. Robbins\u003cbr\u003e 5. The common sense of econometrics  J. A. Schumpeter\u003cbr\u003e Part II. Early Time Series Analysis: 6. On the study of periodic commercial fluctuations W. S. Jevons\u003cbr\u003e 7. Correlation of the marriage rate with trade R. H. Hooker\u003cbr\u003e 8. The correlation of economic statistics W. M. Persons\u003cbr\u003e 9. Why do we get nonsense correlations between time series? G. U. Yule\u003cbr\u003e 10. On a method of investigating periodicities in disturbed series, with special reference to Wolfer's sunspot numbers G. U. Yule\u003cbr\u003e 11. A random difference series for use in the analysis of time series H. Working\u003cbr\u003e 12. Calculation and elimination of seasonal fluctuations A. Wald\u003cbr\u003e 13. Morgenstern on economic forecasting A. W. Marget\u003cbr\u003e Part III. Applied Econometrics and the Identification Problem: 14. The elasticity of the demand for wheat R. A. Lehfeldt\u003cbr\u003e 15. Economic cycles: their law and cause H. L. Moore\u003cbr\u003e 16. Moore's economic cycles P. G. Wright\u003cbr\u003e 17. A moving equilibrium of demand and supply H. L. Moore\u003cbr\u003e 18. Statistical laws of demand and supply P. G. Wright\u003cbr\u003e 19. Determination and interpretation of supply curves J. Tinbergen\u003cbr\u003e Part IV. The Evolution of Statistical Thinking in Econometrics: 20. Statistical laws of demand and supply with special application to sugar H. Schultz\u003cbr\u003e 21. 'Pitfalls' debate R. Frisch, W. W. Leontief and J. Marschak\u003cbr\u003e 22. Statistical confluence analysis by means of complete regression systems R. Frisch\u003cbr\u003e 23. Linear regression analysis of economic time series T. C. Koopmans\u003cbr\u003e 24. Statistical testing of business cycle theories J. Tinbergen\u003cbr\u003e 25. Residual variables in regression and confluence analysis O. Reiersöl\u003cbr\u003e Part V. Dynamic Models: 26. Our unstable dollar and the so-called business cycle I. Fisher\u003cbr\u003e 27. The notions of horizon and expectance in dynamic economics J. Tinbergen\u003cbr\u003e 28. Propagation problems and impulse problems in dynamic economics R. Frisch\u003cbr\u003e 29. Statistical testing of business cycle theories: business cycles in the United States of America 1919–32 J. Tinbergen\u003cbr\u003e 30. Statistical estimation of economic relationships H. O. A. Wold\u003cbr\u003e 31. Prolegomena to a pressure-analysis of economic phenomena R. Frisch\u003cbr\u003e Part VI. The Tinbergen Debate: 32. Statistical testing of business cycle theories: a method and its application to investment activity J. Tinbergen\u003cbr\u003e 33. Professor Tinbergen's method J. N. Keynes\u003cbr\u003e 34. Mr Keynes on the statistical verification of business cycle theories J. Marschak and O. Lange\u003cbr\u003e 34. Econometric testing of business cycle research J. Tinbergen\u003cbr\u003e 35. Autonomy of economic relations R. Frisch\u003cbr\u003e Part VII. Structure and Simultaneity: 36. Economic interdependence and statistical analysis J. Marschak\u003cbr\u003e 37. The probability approach in econometrics T. Haavelmo\u003cbr\u003e 38. The statistical implications of a system of simultaneous equations T. Haavelmo\u003cbr\u003e 39. Statistical estimation of economic relationships H. O. A. Wold\u003cbr\u003e Part VIII. The Probabilistic Revolution: 40. The probability approach in econometrics T. Haavelmo\u003cbr\u003e 41. 'Measurement without theory' debate T. C. Koopmans, R. Vining, and M. Hastay\u003cbr\u003e Part IX. Exogeneity: 42. When is an equation system complete for statistical purposes? T. C. Koopmans\u003cbr\u003e 43. Towards partial redirection of econometrics, actions, consequences and casual relations G. H. Orcutt\u003cbr\u003e Conclusion.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Econometrics [\u003ca title=\"See our other books on Econometrics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Econometrics%20%5BKCH%5D%22\"\u003eKCH\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46007158833432,"sku":"9780521380430","price":108.39,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521380430i_643351a8-072a-469d-a428-b970b17231a5.jpg?v=1691376097","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/the-foundations-of-econometric-analysis-hardback-9780521380430","provider":"Freshly Printed Books","version":"1.0","type":"link"}