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General-to-Specific Modelling (The International Library of Critical Writings in Econometrics Series)

General-to-Specific Modelling (The International Library of Critical Writings in Econometrics Series)

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Описание
Economists have long sought to develop quantitative models of economic behavior, which blend economic theory with data evidence. Econometric modeling of economic time series has strived to achieve this by seeking to discover sustainable and interpretable relationships. This important two-volume collection focuses on a central method used in selecting such models, namely simplification of an initially general model that adequately characterizes the empirical evidence within the investigators' theoretical framework.