{"product_id":"econometric-theory-and-methods-9780195123722","title":"Econometric Theory and Methods","description":"\u003cp\u003e • Author(s): James G. MacKinnon | Russell Davidson\u003cbr\u003e • Publisher: Oxford University Press\u003cbr\u003e • Publisher Imprint: Oxford University Press\u003cbr\u003e • BISAC: Econometrics\u003c\/p\u003e\u003cp\u003e\u003cem\u003eEconometric Theory and Methods\u003c\/em\u003e provides a unified treatment of modern econometric theory and practical econometric methods. The geometrical approach to least squares is emphasized, as is the method of moments, which is used to motivate a wide variety of estimators and tests. Simulation methods, including the bootstrap, are introduced early and used extensively.\u003cbr\u003eThe book deals with a large number of modern topics. In addition to bootstrap and Monte Carlo tests, these include sandwich covariance matrix estimators, artificial regressions, estimating functions and the generalized method of moments, indirect inference, and kernel estimation. Every chapter incorporates numerous exercises, some theoretical, some empirical, and many involving simulation.\u003cbr\u003e\u003cem\u003eEconometric Theory and Methods\u003c\/em\u003e is designed for beginning graduate courses. The book is suitable for both one- and two-term courses at the Masters or Ph.D. level. It can also be used in a final-year undergraduate course for students with sufficient backgrounds in mathematics and statistics. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cstrong\u003eFEATURES\u003c\/strong\u003e\u003cbr\u003eBL\u003cstrong\u003eUnified Approach: \u003c\/strong\u003e New concepts are linked to old ones whenever possible, and the notation is consistent both within and across chapters wherever possible.\u003cbr\u003eBL\u003cstrong\u003eGeometry of Ordinary Least Squares: \u003c\/strong\u003e Introduced in Chapter 2, this method provides students with valuable intuition and allows them to avoid a substantial amount of tedious algebra later in the text.\u003cbr\u003eBL\u003cstrong\u003eModern Concepts Introduced Early: \u003c\/strong\u003e These include the \u003cem\u003ebootstrap\u003c\/em\u003e (Chapter 4), \u003cem\u003esandwich covariance matrices\u003c\/em\u003e (Chapter 5), and \u003cem\u003eartificial regressions\u003c\/em\u003e (Chapter 6).\u003cbr\u003eBL\u003cstrong\u003eInclusive Treatment of Mathematics: \u003c\/strong\u003e Mathematical and statistical concepts are introduced as they are needed, rather than isolated in appendices or introductory chapters not linked to the main body of the text.\u003cbr\u003eBL\u003cstrong\u003eAdvanced Topics: \u003c\/strong\u003e Among these are models for duration and count data, estimating equations, the method of simulated moments, methods for unbalanced panel data, a variety of unit root and cointegration tests, conditional moment tests, nonnested hypothesis tests, kernel density regression, and kernel regression.\u003cbr\u003eBL\u003cstrong\u003eChapter Exercises: \u003c\/strong\u003e Every chapter offers numerous exercises, all of which have been answered by the authors in the Instructor's Manual. Particularly challenging exercises are starred and their solutions are available at the authors' website, providing a way for instructors and interested students to cover advanced material.","brand":"Oxford University Press","offers":[{"title":"Hardcover","offer_id":46896983474327,"sku":"9780195123722","price":28426.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780195123722.webp?v=1770360641","url":"https:\/\/atlanticbooks.com\/products\/econometric-theory-and-methods-9780195123722","provider":"Atlantic Books","version":"1.0","type":"link"}