Empirical Modeling in Economics by Clive W. J. Granger
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Empirical Modeling in Economics
By Clive W. J. Granger

Empirical Modeling in Economics

Specification and Evaluation

By (author) See other recent books by Clive W. J. Granger
Foreword by Geoff Harcourt See other recent books by Geoff Harcourt
Format: Hardback

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Empirical Modeling in Economics by Clive W. J. Granger

Book 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 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.

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Book Details

ISBN: 9780521662086
ISBN-10: 0521662087
Format: Hardback
(216mm x 138mm x 11mm)
Pages: 112
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 28-Aug-1999
Country of Publication: United Kingdom

Other Editions...


Books By Author Clive W. J. Granger

Modelling Nonlinear Economic Time Series by Clive W. J. Granger Modelling Nonlinear Economic Time Series, Paperback (December 2010)

This volume is a comprehensive assessment of many recent developments in the modelling of time series. The focus is on introducing various nonlinear models and discussing their practical use, and encouraging the reader to apply nonlinear models to their practical modelling problems.

Dynamics of Deforestation and Economic Growth in the Brazilian Amazon by Clive W. J. Granger Dynamics of Deforestation and Economic Growth in the Brazilian Amazon, Hardback (December 2002)

An economic analysis of the costs and benefits of deforestation in the Amazon.

Essays in Econometrics by Clive W. J. Granger Essays in Econometrics, Hardback (August 2001)

These are econometrician Clive W. J. Granger's major essays in spectral analysis, seasonality, nonlinearity, methodology, and forecasting.

Empirical Modeling in Economics by Clive W. J. Granger Empirical Modeling in Economics, Paperback (September 1999)

Lucid account of the process of constructing and evaluating an empirical model.

» View all books by Clive W. J. Granger

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Author Biography - Clive W. J. Granger

Winner of The Nobel Prize for Economics 2003.

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Recent books by Clive W. J. Granger close
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