000 | 04878nam a2200637 i 4500 | ||
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001 | EBC1675705 | ||
003 | MiAaPQ | ||
007 | cr cnu|||||||| | ||
008 | 140423s2014 nyu foab 001 0 eng d | ||
020 |
_a9781606499757 _qe-book |
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020 |
_z9781606499740 _qpaperback |
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035 | _a(OCoLC)878077804 | ||
035 | _a(CaBNVSL)swl00403322 | ||
035 | _a(MiAaPQ)EBC1675705 | ||
035 | _a(Au-PeEL)EBL1675705 | ||
035 | _a(CaPaEBR)ebr10861550 | ||
035 | _a(CaONFJC)MIL825459 | ||
035 | _a(OCoLC)878852551 | ||
040 |
_aMiAaPQ _beng _erda _epn _cMiAaPQ _dMiAaPQ |
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050 | 4 |
_aHB141 _b.E383 2014 |
|
082 | 0 |
_a330.015195 _223 |
|
100 | 1 |
_aEdwards, Jeffrey A., _eauthor. |
|
245 | 1 | 0 |
_aBuilding better econometric models using cross section and panel data / _cJeffrey A. Edwards. |
250 | _aFirst edition. | ||
264 | 1 |
_aNew York, New York (222 East 46th Street, New York, NY 10017) : _bBusiness Expert Press, _c2014. |
|
300 | _a1 online resource (xiii, 98 pages) | ||
336 |
_atext _2rdacontent |
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337 |
_acomputer _2rdamedia |
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338 |
_aonline resource _2rdacarrier |
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490 | 1 |
_aEconomics collection, _x2163-7628 |
|
500 | _aPart of: 2014 digital library. | ||
504 | _aIncludes bibliographical references (pages 95-96) and index. | ||
505 | 0 | _a1. What is a statistically adequate model and why is it important? -- 2. Basic misspecifications -- 3. Misspecifications for the more advanced reader -- 4. Original specification and drawing inference from it: two related models -- 5. Basic misspecification testing and respecification: the cross-sectional case -- 6. Variance heterogeneity: the cross-sectional case -- 7. Basic misspecification testing and respecification: the panel data case -- 8. Variance heterogeneity: the panel data case -- 9. Consistent and balanced panels -- 10. Dynamic parametric heterogeneity -- Conclusion -- References -- Index. | |
506 | _aAccess restricted to authorized users and institutions. | ||
520 | 3 | _aMany empirical researchers yearn for an econometric model that better explains their data. Yet these researchers rarely pursue this objective for fear of the statistical complexities involved in specifying that model. This book is intended to alleviate those anxieties by providing a practical methodology that anyone familiar with regression analysis can employ--a methodology that will yield a model that is both more informative and is a better representation of the data. Most empirical researchers have been taught in their undergraduate econometrics courses about statistical misspecification testing and respecification. But the impact these techniques can have on the inference that is drawn from their results is often overlooked. In academia, students are typically expected to explore their research hypotheses within the context of theoretical model specification while ignoring the underlying statistics. Company executives and managers, by contrast, seek results that are immediately comprehensible and applicable, while remaining indifferent to the underlying properties and econometric calculations that lead to these results. This book outlines simple, practical procedures that can be used to specify a better model; that is to say, a model that better explains the data. Such procedures employ the use of purely statistical techniques performed upon a publicly available data set, which allows readers to follow along at every stage of the procedure. Using the econometric software Stata (though most other statistical software packages can be used as well), this book shows how to test for model misspecification, and how to respecify these models in a practical way that not only enhances the inference drawn from the results, but adds a level of robustness that can increase the confidence a researcher has in the output that has been generated. By following this procedure, researchers will be led to a better, more finely tuned empirical model that yields better results. | |
588 | _aTitle from PDF title page (viewed on April 23, 2014). | ||
590 | _aElectronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries. | ||
650 | 0 | _aEconometric models. | |
653 | _across-sectional data | ||
653 | _ainference | ||
653 | _amisspecification testing | ||
653 | _apanel data | ||
653 | _aregression | ||
653 | _aregression models | ||
653 | _arespecification | ||
653 | _aStata | ||
653 | _astatistical adequacy | ||
655 | 4 | _aElectronic books. | |
776 | 0 | 8 |
_iPrint version: _z9781606499740 |
797 | 2 | _aProQuest (Firm) | |
830 | 0 | _a2014 digital library. | |
830 | 0 |
_aEconomics collection. _x2163-7628 |
|
856 | 4 | 0 |
_uhttps://ebookcentral.proquest.com/lib/kliuc-ebooks/detail.action?docID=1675705 _zClick to View |
942 |
_2lcc _cEBK |
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999 |
_c271680 _d271680 |