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Empirical Modeling in Economics - Specification and Evaluation (Hardcover) Loot Price: R2,801
Discovery Miles 28 010
Empirical Modeling in Economics - Specification and Evaluation (Hardcover): Clive W. J. Granger

Empirical Modeling in Economics - Specification and Evaluation (Hardcover)

Clive W. J. Granger; Foreword by Geoff Harcourt

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Loot Price R2,801 Discovery Miles 28 010 | Repayment Terms: R262 pm x 12*

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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 rigour with intuition to provide a unique and entertaining insight into one of the most important subjects in modern economics. Chapter 1 deals with Specification. The process of specifying a model is discussed using deforestation in the Amazon region of Brazil as an illustration. 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 and using a more sophisticated, technical approach than in the earlier two chapters.

General

Imprint: Cambridge UniversityPress
Country of origin: United Kingdom
Release date: August 1999
First published: 1999
Authors: Clive W. J. Granger
Foreword by: Geoff Harcourt
Dimensions: 224 x 146 x 13mm (L x W x T)
Format: Hardcover
Pages: 112
ISBN-13: 978-0-521-66208-6
Categories: Books > Business & Economics > Economics > Economic forecasting
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LSN: 0-521-66208-7
Barcode: 9780521662086

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