James Davidson Econometric Theory

ISBN 13: 9780631215844

Econometric Theory

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9780631215844: Econometric Theory
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This book surveys recent developments in the rapidly expanding field of asymptotic distribution theory, placing special emphasis on the problems of time-dependence and heterogeneity. It is technically self-contained, with all but the most basic mathematical prerequisites being explained in their context.

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Econometric Theory presents a modern approach to the theoryof econometric estimation and inference, with particularapplications to time series. An ideal reference for practitionersand researchers, the book is also suited for advanced two-semestereconometrics courses and one-semester regression courses.

Based on lectures originally given to graduates at the LondonSchool of Economics, the book applies recent developments inasymptotic theory to derive the properties of estimators when themodel is only partially specified. Topics covered in depth includethe linear regression model, dynamic modeling, simultaneousequations, optimization estimators, hypothesis testing, and thetheory of nonstationary time series and cointegration.

About the Author:

James Davidson is Professor of Econometrics at Cardiff University. Contributor and referee for a number of leading research journals, Davidson is the author of Stochastic Limit Theory (1994). With an MSc in Econometrics and Mathematical Economics from the London School of Economics, he has taught at the University of Warwick, the London School of Economics, the University of California-San Diego, and the University of Wales, Aberystwyth.

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