Complete and Incomplete Econometric Models (The Econometric and Tinbergen Institutes Lectures)

Book Details

• Author: John Geweke

• Publisher: Princeton University Press

• Edition: Illustrated

• Binding: Hardcover

• Number of Pages: 176

• Release Date: 28-02-2010

• ISBN: 9780691140025

• Package Dimensions: 8.5 x 5.8 x 0.8 inches

• Languages: English

About The Book
John Geweke’s Econometrics and the Art of Model Building delves into the critical early stages of econometric model development, emphasizing the often-overlooked aspect of model adequacy. In this concise and accessible volume, Geweke offers a fresh perspective on Bayesian econometrics, showcasing how modern simulation methods can significantly enhance the creative process of formulating and testing econometric models.

With a clear focus on both theory and practical application, the book presents methods that are not only valuable for PhD students but also for applied econometricians working in both the public and private sectors. It provides valuable tools to streamline the process of model development and specification checking, ensuring that economists can more effectively test and validate their models. Throughout the book, Geweke uses a variety of illustrations from real-world applications, making this a key resource for anyone involved in economic policy creation, model evaluation, or econometric research.

Perfect for both students and professionals, this work is an essential contribution to the field of econometrics.