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The formation of econometrics : a historical perspective

Author: Duo Qin
Publisher: Oxford [England] : Clarendon Press, 1993.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Duo Qin has produced a study of a crucial period in the history of econometrics. She analyses the development of the theory and methodology between 1930 and 1960, arguing in particular that the "probability revolution" of the 1940s was incomplete, and resulted in later problems.
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Genre/Form: Electronic books
History
Geschiedenis (vorm)
Additional Physical Format: Print version:
Qin, Duo.
Formation of econometrics.
Oxford [England] : Clarendon Press, 1993
(DLC) 93018799
(OCoLC)27810703
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Duo Qin
ISBN: 0585200092 9780585200095 9780191596803 0191596809
OCLC Number: 44954817
Description: 1 online resource (xii, 212 pages)
Contents: Part 1 The probability foundations of econometrics: the eve of the probability revolution; introduction of probability theory; the Haavelmo revolution; alternative approaches; an incomplete revolution. Part 2 Model construction: econometric measurement without models; emergence of structural model construction; formalization of stuctural model formulation; maturity of simultaneous-equations model formulation. Part 3 Estimation: from LS to ML estimation before Haavelmo's revolution; ML estimation of simultaneous-equations systems; estimation with special concerns for time-series data; other estimation methods for errors-in-variables models; from ML back to LS, completion of estimation procedure for simultaneous-equations systems. Part 4 Identification: taking shape; initial systematization; the first explicit formalization; further developments. Part 5 Testing: antecedents; adoption of the hypothesis-testing framework and invention of econometric tests; hypothesis-testing via model evaluation in applied econometrics; diagnostic tests for model evaluation in theoretical econometrics. Part 6 Model construction revisited: testing and model construction; identification and model construction; estimation and model construction; model construction and the probability approach; the history in retrospect.
Responsibility: Qin Duo.
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A scholarly study of a crucial period in the history of econometrics. It analyzes the development of the theory and methodology over 1930-1960, arguing in particular that the "probability revolution"  Read more...

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