Econometric Calculus

In this hook I consider regression models for munt eiependent variables, i.c., dependent variables that take thc valucs y = 0, 1, 2, … without explicit upper limit. Regression ana.lysi;;, narrowly defined, attempts to explain variations in the conditional expectation of y with the help of variation in explanatory variable;; ::r. Regres;;ion analysis, more broadly defined and as u;;ed in this book, refers to the estimation of conditional distribution functions of y given x.

First course in Econometrics in Economics Departments at better schools, also Economic/Business Forecasting.

This completely restructured, updated third edition of The Econometrics of Panel Data, first published in 1992, provides a general overview of the econometrics of panel data, both from a theoretical and from an applied viewpoint. Since the pioneering papers by Kuh, Mundlak, Hoch and Balestra and Nerlove, the pooling of cross section and time series data has become an increasingly popular way of quantifying economic relationships. Each series provides information lacking in the other, so a combination of both leads to more accurate and reliable results than would be achievable by one type of series alone.