Empirical Modeling in Economics

Empirical Modeling in Economics

Specification and Evaluation

eBook - 1999
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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.
Publisher: Cambridge ; New York : Cambridge University Press, 1999.
ISBN: 0521778255
0521662087
Branch Call Number: ELECTRONIC BOOK
Characteristics: 1 online resource (xii, 99 p.)
Additional Contributors: ebrary, Inc
Call Number: ELECTRONIC BOOK

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