A Guide to Econometrics

by Peter E. Kennedy

This is the perfect (and essential) supplement for all econometrics classes--from a rigorous first undergraduate course, to a first master's, to a PhD course.

Explains what is going on in textbooks full of proofs and formulas

Offers intuition, skepticism, insights, humor, and practical advice (dos and don'ts)

Contains new chapters that cover instrumental variables and computational considerations

Includes additional information on GMM, nonparametrics, and an introduction to wavelets

Genres: Economics, Mathematics, Textbooks, Finance, Business, Academic, Reference

608 pages, Paperback

First published January 1, 1979

Reviews

[Ci]

One of the best, and easy to use summary in statistics to check assumptions and ensure correct analysis. Statistics are more abused than used, which renders this book a superior reference against common-day abuses.

[Arjun]

A very good treatment of what Econometrics is, in plain English. Use a good undergrad book, this and book like Goldberger to supplement your undoubtedly unreadable PhD level textbook.

[Adeel Faheem]

Excellent book!

[Jake Losh]

A book such as this serves no purpose in this day and age when one can easily get terse summaries of different statistical and econometric techniques from Wikipedia. This book has an awful lot of words but very few examples of how to apply many of techniques in practice, so often it doesn't really help when you have a confusion that you're trying to clear up. If William Greene's Econometric Analysis is too mathematical, at least it has good examples of how to apply that math and sometimes the math can yield good intuition.

This book certainly doesn't claim to be the most rigorous text and so I don't judge it as such, but it also provide very little value if what you seek is intuition. Better to skip it and find another book.

[Rita Carreira]

This is basically econometrics for dummies. If it's not in your bookshelf, then you can't call yourself an econometrician.

[Giuseppe Burtini]

Great book - contains both the requisite technical material to understand applied regression and a whole wealth of valuable intuition.

[Leanne Powner]

The classic companion to any applied econometrics.

[Ben Mcnamee]

This is simply the best, most useful resource available for anyone who does any applied statistics of any kind. Highly reccomended.

[Lalaram Choudhary]

good book

[Eric]

One of the best Introductory Texts.

[Daniela]

Gotta say, for a subject that I really struggle with, this was a great read. The author does a good job explaining things conceptually. This will be something I buy and keep for a reference!

[Michele]

I'd be much worse off without this book.

[Cong Zhang]

A good reference to get my arms around the intuitions of a variety of econometric methods.