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Empirical Modelling in Economics: Specification and Evaluation PDF

113 Pages·1999·0.339 MB·English
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by Clive W. J. Granger, Clive Granger| 1999| 113 pages| 0.339| English

About Empirical Modelling in Economics: Specification and Evaluation

In these three essays, Professor Granger explains the process of constructing and evaluating an empirical model. Drawing on a wide range of cases and vignettes from economics, finance, politics and environment economics, as well as from art, literature, and the entertainment industry, Professor Granger combines rigor with intuition to provide a unique and entertaining insight into one of the most important subjects in modern economics. Chapter 1 deals with Specification. Chapter 2 considers Evaluation, and argues that insufficent evaluation is undertaken by economists, and that models should be evaluated in terms of the quality of their output. In Chapter 3, the question of how to evaluate forecasts is considered at several levels of increasing depth.

Detailed Information

Author:Clive W. J. Granger, Clive Granger
Publication Year:1999
ISBN:9780511016141
Pages:113
Language:English
File Size:0.339
Format:PDF
Price:FREE
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