The Limits of Econometrics by Adrian C Darnell

The Limits of Econometrics by Adrian C Darnell

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Summary

Econometric issues have provoked a lively and sometimes adversarial debate in the economics profession. The excitement and intellectual vitality of that debate is captured here for the reader in a lucid overview of econometric approaches, describing their advantages and limitations.

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The Limits of Econometrics by Adrian C Darnell

Econometric issues have provoked a lively and sometimes adversarial debate in the economics profession. The excitement and intellectual vitality of that debate is captured here for the reader in a lucid overview of econometric approaches, describing their advantages and limitations. This ambitious book focuses on the underlying methodological issues rather than concentrating upon econometric techniques. The limits of econometric investigations are identified through a critical appraisal of three different approaches associated with the work of Professors Hendry, Leamer and Sims. After explaining why the early optimism in econometrics was misplaced, it argues that rejection is not an appropriate response. It offers a rich spectrum of approaches to a problem of central importance in the development of modern economics. The book will appeal not only to all econometricians whatever their persuasion but also to all those with an interest in the methodology of economics.
Adrian C. Darnell, formerly, Professor and Principal, George Stephenson College, University of Durham, UK and J. Lynne Evans, University of Newcastle-upon-Tyne, UK
SKU Unavailable
ISBN 13 9781852785178
ISBN 10 1852785179
Title The Limits of Econometrics
Author Adrian C Darnell
Condition Unavailable
Binding Type Paperback
Publisher Edward Elgar Publishing Ltd
Year published 1990-01-01
Number of pages 192
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.