Problems and Methods of Econometrics - The Poincare Lectures of Ragnar Frisch 1933

Ragnar Frisch was one of the founders of economics as a modern science. This set of lecture notes is a rare exhibition of Frisch's overview on econometrics, offering an accessible and astute description of economic and econometric modelling.

Sommario

Preface Edmond Malinvaud Editor's Introduction Olav Bjerkholt and Ariane Dupont-Kieffer Foreword Paul Samuelson Introduction 1. The philosophical foundations of econometrics. The axiomatic method. Utility as quantity 2. Examples of static and semi-static econometric theories. Monopoly, polypoly. The concept of force 3. What is a “dynamic” theory? Properties of determined and undetermined systems 4. Examples of dynamic econometric theories. Oscillations in closed systems. The theory of crises 5. The creation of cycles by random shocks. Synthesis between a probabilistic point of view and the point of view of deterministic dynamic laws 6. The statistical construction of econometric functions. Autonomous and confluent equations. The danger of analysis of many variables 7. Time series techniques. Decomposition of series. Linear operations and their inversion problem 8. Conclusion: The significance of social and mechanical laws. Invariance and rigidity. Remarks on a philosophy of chaos

Riassunto

Ragnar Frisch was one of the founders of economics as a modern science. This set of lecture notes is a rare exhibition of Frisch’s overview on econometrics, offering an accessible and astute description of economic and econometric modelling.

Dettagli sul prodotto

• Autori: Ragnar Frisch
• Con la collaborazione di: Olav Bjerkholt (Editore), Bjerkholt Olav (Editore), Ariane Dupont-Kieffer (Editore), Dupont-Kieffer Ariane (Editore)
• Editore: Taylor & Francis Ltd.
• Lingue: Inglese
• Formato: Tascabile
• Pubblicazione: 11.11.2013
• EAN: 9780415745352
• ISBN: 978-0-415-74535-2
• Pagine: 208
• Serie: Routledge Studies in the History of Economics
• Categorie: Scienze sociali, diritto, economia > Economia > Tematiche generali, enciclopedie; BUSINESS & ECONOMICS / Econometrics, Econometrics, Econometrics and economic statistics