Econometrics: Alchemy or Science?Essays in Econometric Methodology

by David F. Hendry

Since the first edition of this book was published in 1993, David Hendry's work on econometric methodology has become increasingly influential. In this edition he presents a brand new paper which compellingly explains the logic of his general approach to econometric modeling and describes recent major advances in computer-automated modeling, which establish the success of the proposed strategy. Empirical studies of consumers' expenditure and money demands illustrate the methods in action. The breakthrough presented here will make econometric testing much easier.

Genres: Economics

560 pages, Paperback

First published January 1, 1993

Reviews

[Don]

Follow what big daddy Hendry says on the subject and you won't go far wrong.