Econometrics

This work provides a broad introduction to quantitative economic methods, for example how models arise, their underlying assumptions and how estimates of parameters or other economic quantities are computed. The emphasis is on understanding how to select the right method of analysis for a given situation. Economists are regularly confronted with results of quantitative economics research. Econometrics: Theory and Applications with EViews provides a broad introduction to quantitative economic methods: how models arise, their underlying assumptions and how estimates of parameters or other economic quantities are computed. The author combines econometric theory with practice by demonstrating its use with the software package EViews. The emphasis is on understanding how to select the right method of analysis for a given situation, and how to actually apply the theoretical methods in the right way. KEY FEATURES An integrated discussion of econometric theory and applications with EViews ¿ illustrating the benefits of a statistical, mathematical approach to applied econometric research, but avoiding superfluous manual computations. A quantitative economic research project is simulated in the case studies throughout various chapters using real economic data, showing how to conduct your own econometric research project and write a complete research paper. The author has carefully selected only the relevant statistical and mathematical theory to discuss the application of tests, and the consequences of those tests. Numerous screenshots of EViews windows have been included to clarify its use. Includes examples, data and exercises, with data-sets available to download from the book¿s website at www.booksites.net/vogelvang. Suitable for use on introductory econometrics courses taken as a part of an economics degree or qualification, or for those requiring knowledge on the practical application of EViews to economic data. Ben Vogelvang teaches econometrics in the Department of Econometrics, Free University of Amsterdam in the Netherlands.