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{ "item_title" : "Empirical Modeling in Economics", "item_author" : [" Clive W. J. Granger", "C. W. J. Granger", "Geoff Harcourt "], "item_description" : "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.", "item_img_path" : "https://covers3.booksamillion.com/covers/bam/0/52/166/208/0521662087_b.jpg", "price_data" : { "retail_price" : "137.00", "online_price" : "137.00", "our_price" : "137.00", "club_price" : "137.00", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }
Empirical Modeling in Economics|Clive W. J. Granger

Empirical Modeling in Economics : Specification and Evaluation

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Overview

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.

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Details

  • ISBN-13: 9780521662086
  • ISBN-10: 0521662087
  • Publisher: Cambridge University Press
  • Publish Date: August 1999
  • Dimensions: 8.5 x 5.5 x 0.44 inches
  • Shipping Weight: 0.64 pounds
  • Page Count: 112

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