Econometrics, an Introduction to Maximum Likelihood Methods (Classic Reprint)
Language: English
Published by Forgotten Books, 2018
- Softcover
- New
Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
US$ 20.53
Quantity: Over 20 available
Add to basketItem description from seller
Print on Demand. This book explores the field of econometrics, or the use of statistical methods to test economic theories and predict future events. It offers an in-depth examination of topics such as estimation, verification, and prediction. The author emphasizes the importance of statistical assumptions in econometrics and provides a comprehensive explanation of the six simplifying assumptions that underpin this field. Through practical examples, the book illustrates the application of econometric techniques, including the maximum likelihood method and the method of least squares. By understanding the concepts and techniques presented in this book, readers will gain valuable insights into the use of econometrics to analyze economic data and make informed decisions. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…
Seller Inventory # 9781528410939_0
- Title
- Econometrics, an Introduction to Maximum Likelihood Methods (Classic Reprint)
- Author
- Stefan Valavanis
- Publisher
- Forgotten Books
- Publication year
- 2018
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1528410939
- ISBN 13
- 9781528410939
- Seller catalogs
- Statistics
Master econometrics with a practical, classroom-friendly introduction. This book teaches how economic theories meet the facts through estimation, with a clear focus on methods like maximum likelihood and limited information techniques.
It emphasizes real problems over abstract math, using examples and exercises to show how estimation works in the real world. The work is designed for teaching, with digressions that illuminate concepts without sacrificing rigor. It also explains identification, instrumental variables, and how to judge the accuracy of estimates, all while relating techniques to everyday economic questions.
- How to turn economic ideas into testable estimates from data
- Foundations of likelihood methods and how they compare to least squares
- Practical guidance on identification, instruments, and model specification
- Worked examples and end-of-chapter exercises to reinforce learning
Ideal for readers who want a clear, usable path through econometric methods, from students to teachers and practitioners.
"Synopsis" may belong to another edition of this title.
Forgotten Books
London, United Kingdom
AbeBooks seller since June 2, 2021
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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
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