This is the third book of three volumes containing edited versions
of papers and a commentary presented at the Ninth World Congress of
the Econometric Society, held in London in August 2005. The papers
summarise and interpret key developments, and they discuss future
directions for a wide variety of topics in economics and
econometrics. The papers cover both theory and applications.
Written by leading specialists in their fields, these volumes
provide a unique survey of progress in the discipline.
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