In this compelling 1995 book, David Hendry and Mary Morgan bring
together the classic papers of the pioneer econometricians.
Together, these papers form the foundations of econometric thought.
They are essential reading for anyone seeking to understand the
aims, method and methodology of econometrics and the development of
this statistical approach in economics. However, because they are
technically straightforward, the book is also accessible to
students and non-specialists. An editorial commentary places the
readings in their historical context and indicates the continuing
relevance of these early, yet highly sophisticated, works for
current econometric analysis. While this book provides a companion
volume to Mary Morgan's acclaimed The History of Econometric Ideas,
the editors' commentary both adds to that earlier volume and also
provides a stand-alone and synthetic account of the development of
econometrics.
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