Introduction to Econometrics - Hardcover

Stock, James H.; Watson, Mark W.

Hardcover

ISBN 10: 0201715953 ISBN 13: 9780201715958

Publisher: Addison Wesley, 2002

Synopsis

Textbook designed for and introduction to Econometrics. Provides the most modern treatment of econometrics, using theory and applications that match real-world theory and data.

About this title

From the Back Cover:

Introduction to Econometrics JAMES H. STOCK (Harvard University) & MARK W. WATSON (Princeton University)

“Econometrics opens a window on our complicated world that lets us see the relationship on which people, businesses, and governments base their decisions.” —From the Preface

In this new textbook by distinguished econometricians James H. Stock and Mark W. Watson, real-world questions and data from actual empirical studies “open a window” through which the vitality and relevance of econometrics come into clear focus. The breadth of topics - including an introduction to program evaluation, panel data methods, instrumental variables regression, and regression with time series data - reflects the best of contemporary applied econometrics.

REVIEWER PRAISE FOR INTRODUCTION TO ECONOMETRICS:

“Stock and Watson have managed to bridge the gap between statistical technique and economic interpretation in a clean, clear, and concise manner.” —Òscar Jordà, University of California Davis

“The quality of the presentation is excellent - clear and understandable...This is, in my opinion, the best treatment I have ever seen to motivate the usefulness and relevance of the tools presented.” —Pierre Perron, Boston University

“The authors are very effective in providing intuitive explanations, emphasizing conceptual approaches to technical material...Students who would be confused by mathematical derivations will come away with a more solid understanding of econometrics by reading this text.” —Robert McNown, University of Colorado, Boulder

“Introductory econometrics books often make the crucial mistake of using some trivial examples that do not illustrate real problems that empirical economists encounter. This book significantly improves upon its competition by using examples, developing them in detail, and using well-motivated and important econometric issues for this development.” —Mico Mrkaic, Duke University

About the Author:

James Stock chairs the Department of Economics at Harvard University. His research focuses on empirical macroeconomics, forecasting, and econometric methods.  Among other things, he has served on the economics panel at the National Science Foundation, on the Academic Advisory Group of the Federal Reserve Bank of Boston, and as a consultant to the European Central Bank. He received his Bachelor’s degree from Yale and holds advanced degrees in statistics and economics from the University of California, Berkeley.

Mark Watson is the Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs at Princeton University and a research associate at the National Bureau of Economic Research. He is a fellow of the American Academy of Arts and Sciences and of the Econometric Society. His research focuses on time-series econometrics, empirical macroeconomics, and macroeconomic forecasting. He has served as a consultant for the Federal Reserve Banks of Chicago and Richmond. Before coming to Princeton, Watson served on the economics faculty at Harvard and Northwestern. Watson did his undergraduate work at Pierce Junior College and California State University at Northridge, completed his Ph.D. at the University of California at San Diego, and holds on honorary doctorate from the University of Bern.

About this edition

• Publisher: Addison Wesley
• Publication date: 2002
• ISBN 10: 0201715953
• ISBN 13: 9780201715958
• Binding: Hardcover
• Edition number: 1
• Number of pages: 696