Ulteriori informazioni
This is the second of two volumes containing papers and commentaries presented at the Eleventh World Congress of the Econometric Society, held in Montreal, Canada in August 2015. These papers provide state-of-the-art guides to the most important recent research in economics. The book includes surveys and interpretations of key developments in economics and econometrics, and discussion of future directions for a wide variety of topics, covering both theory and application. These volumes provide a unique, accessible survey of progress on the discipline, written by leading specialists in their fields. The second volume addresses topics such as big data, macroeconomics, financial markets, and partially identified models.
Sommario
1. Opportunities and challenges: lessons from analyzing terabytes of scanner data Serena Ng; 2. Is big data a big deal for applied microeconomics Jesse M. Shapiro; 3. Low-frequency econometrics Ulrich K. Müller and Mark W. Watson; 4. Shocks, sign restrictions and identification Harald Uhlig; 5. On the distribution of the welfare losses of large recessions Dirk Krueger, Kurt Mitman and Fabrizio Peeri; 6. Computing equilibria in dynamic stochastic macro-models with heterogeneous agents Johannes Brumm, Felix Kubler and Simon Scheidegger; 7. Recent advances in empirical analysis of financial markets: industrial organization meets finance Jakub Kastl; 8. Practical and theoretical advances in inference for partially identified models Ivan A. Canay and Azeem M. Shaikh; 9. Partial identification in applied research: benefits and challenges Kate Ho and Adam M. Rosen.
Info autore
Bo Honoré is Class of 1913 Professor of Political Economy and Professor of Economics at Princeton University, New Jersey. He is Director of the Gregory C. Chow Econometric Research Program at Princeton University, and was formerly a member of the Board of Trustees of the Danish National Research Foundation. Honoré is a Fellow of the Econometric Society and conducts research in econometrics.Ariel Pakes is the Thomas Professor of Economics at Harvard University, Massachusetts. His research has been in industrial organisation, the economics of technological change, and in econometric theory. He is a fellow of the Econometric Society, and received the Frisch Medal of the Econometric Society in 1986. He is a Fellow of the American Academy of Arts and Sciences and the 2007 Distinguished Fellow of the Industrial Organization Society.Monika Piazzesi is the Joan Kenney Professor of Economics at Stanford University, California, and is also the Program Director of the National Bureau of Economic Research Asset Pricing Group. She conducts research in finance and macroeconomics, and is a fellow of the Academy of Arts and Sciences, the Econometric Society, and the Society of Financial Econometrics.Larry Samuelson is the A. Douglas Melamed Professor of Economics at Yale University, Connecticut, where he is also Director of the Cowles Foundation. His research is in economic theory, with an emphasis on game theory. He has served as a co-editor of Econometrica and the American Economic Review.
Riassunto
This second volume includes papers presented at the Eleventh World Congress of the Econometric Society, addressing topics such as big data, macroeconomics, financial markets, and partially identified models.
Testo aggiuntivo
Advance praise: 'This manuscript collects the invited talks from the 2015 World Congress of the Econometric Society. The authors are leaders in their respective fields, and their talks provide a valuable overview of recent research. The collected papers emphasize the connection between theory and empirical practice.' Roberg Porter, William R. Kenan, Jr Professor of Economics, Northwestern University, Illinois
