Empirical Modeling in Economics: Specification and Evaluation. This item is unavailable.
Language: English
Published by - -, 1999
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- Title
- Empirical Modeling in Economics: Specification and Evaluation
- Author
- -
- Publisher
- - -
- Publication year
- 1999
- Condition
- Very Good
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0521662087
- ISBN 13
- 9780521662086
In these three essays, Professor Granger explains the process of constructing and evaluating an empirical model. Drawing on a wide range of cases and vignettes from economics, finance, politics and environment economics, as well as from art, literature, and the entertainment industry, Professor Granger combines rigor with intuition to provide a unique and entertaining insight into one of the most important subjects in modern economics. Chapter 1 deals with Specification. Chapter 2 considers Evaluation, and argues that insufficent evaluation is undertaken by economists, and that models should be evaluated in terms of the quality of their output. In Chapter 3, the question of how to evaluate forecasts is considered at several levels of increasing depth.
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About the Author
Winner of The Nobel Prize for Economics 2003.
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