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THE ECONOMETRIC ANALYSIS OF ECONOMIC POLICY [PDF]

open access: yesOxford Bulletin of Economics and Statistics, 1996
The application of econometric analysis to the process of economic policy formulation is considered. A framework is provided by the theory of reduction, specifically reductions where key information losses would invalidate policy. Consequently, model evaluation; the role of econometric models; forecasting; exogeneity; causality; constancy and ...
Banerjee, A., Hendry, D.F., Mizon, G.E.
openaire   +3 more sources

causality in economics and econometrics [PDF]

open access: yesSSRN Electronic Journal, 2006
An entry for the New Palgrave Dictionary of Economics. Traces the history of causality in economics and econometrics since David Hume. Examines the main modern approaches to causal inference.
openaire   +1 more source

Current Debates In Economics & Econometrics

open access: yes, 2017
Econometrics is a field of study that uses economics, mathematics and statistics to study economics. Econometrics is born as a scientific field after the great economic crisis of 1929. On this date, recession became depression and the classical economists of the day were inadequate for the solutions.
Şiriner, İsmail   +2 more
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MONETARY ECONOMIC MYTH AND ECONOMETRIC REALITY

open access: yesOxford Review of Economic Policy, 1985
AbstractEvaluates and replicates an improved specification of the transactions’ demand for money model, and shows that some empirical econometric equations which appear to ‘break down’ out of sample, had already ‘broken down’ but had not been rigorously tested for constancy.
openaire   +4 more sources

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