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Titlebook: Econometrics and Economic Theory; Essays in Honour of Willy Sellekaerts Book 1974 Palgrave Macmillan, a division of Macmillan Publishers L

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书目名称Econometrics and Economic Theory
副标题Essays in Honour of
编辑Willy Sellekaerts
视频video
图书封面Titlebook: Econometrics and Economic Theory; Essays in Honour of  Willy Sellekaerts Book 1974 Palgrave Macmillan, a division of Macmillan Publishers L
出版日期Book 1974
关键词econometrics; economic theory; metrics
版次1
doihttps://doi.org/10.1007/978-1-349-01936-6
isbn_softcover978-1-349-01938-0
isbn_ebook978-1-349-01936-6
copyrightPalgrave Macmillan, a division of Macmillan Publishers Limited 1974
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https://doi.org/10.1007/978-90-368-0798-2omy by Fromm and Taubman [1] for evaluation of the relative desirability of a set of monetary and fiscal policy actions. They noted that the method of optimum growth defined in a Ramsay-type framework of maximisation of a utility functional over a horizon is not applicable to cyclical paths; moreove
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Specification Bias in Seemingly Unrelated Regressionsofessor Zellner [5] suggested the use of estimates of these parameters from residuals of the ordinary least squares. This procedure is called the ‘seemingly unrelated regression equations’ (SURE) procedure.
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https://doi.org/10.1057/9780230374317y of production each commodity is distinguished by point of time. As an illustration, an hour of labour today and an hour of labour tomorrow are treated as distinct commodities. Given this convention the intertemporal theory of producer behaviour is formally analogous to the standard atemporal theory..
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Estimation and Prediction in Dynamic Econometric Modelserence equation systems are based on the specification that lagged variables may be formally treated like exogenous variables. Mann and Wald required dynamic stability, normality of error, stability of the distribution, and other assumptions that are usually made.
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The Economic Theory of Replacement and Depreciationy of production each commodity is distinguished by point of time. As an illustration, an hour of labour today and an hour of labour tomorrow are treated as distinct commodities. Given this convention the intertemporal theory of producer behaviour is formally analogous to the standard atemporal theory..
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