000 01811cam a2200253 4500
008 740925s1974 mnua 000 0 eng
040 _aDLC
_cDLC
050 0 0 _aHD82
_b.M47
082 0 0 _a338.9
_bMIL
100 1 _aMiller, Preston.
245 1 0 _aIntroduction to the use of econometric models in economic policy making/
260 _a[Minneapolis]
_bFederal Reserve Bank of Minneapolis,
_c1974.
300 _a23 p.
440 0 _aNinth District economic information series
500 _aErrata slip inserted.
520 _aThe book's comprehensive coverage on the application of econometric methods to empirical analysis of economic issues is impressive. It uncovers the missing link between textbooks on economic theory and econometrics and highlights the powerful connection between economic theory and empirical analysis perfectly through examples on rigorous experimental design. The use of data sets for estimation derived with the Monte Carlo method helps facilitate the understanding of the role of hypothesis testing applied to economic models. Topics covered in the book are: consumer behavior, producer behavior, market equilibrium, macroeconomic models, qualitative-response models, panel data analysis and time-series analysis. Key econometric models are introduced, specified, estimated and evaluated. The treatment on methods of estimation in econometrics and the discipline of hypothesis testing makes it a must-have for graduate students of economics and econometrics and aids their understanding on how to estimate economic models and evaluate the results in terms of policy implications.
590 _aaia 04/04/2019
591 _aLoans
650 0 _aEconomic policy
650 0 _aEconomic forecasting
700 1 _aKaatz, Ronald B.,
942 _2ddc
_cBOOK
949 _a338.9 MIL
999 _c15517
_d15517