nep-ecm New Economics Papers
on Econometrics
Issue of 2007‒02‒03
three papers chosen by
Sune Karlsson
Orebro University

  1. Panel Data Reduces Bias in Entry Models By Allan Collard-Wexler
  2. Representation in Econometrics: A Historical Perspective By Christopher L. Gilbert; Duo Qin
  3. A General Approach to Incorporating Selectivity in a Model By William Greene

  1. By: Allan Collard-Wexler
    Date: 2006
  2. By: Christopher L. Gilbert (Università degli Studi di Trento); Duo Qin (Queen Mary, University of London)
    Abstract: Measurement forms the substance of econometrics. This chapter outlines the history of econometrics from a measurement perspective – how have measurement errors been dealt with and how, from a methodological standpoint, did econometrics evolve so as to represent theory more adequately in relation to data? The evolution is organized in terms of four phases: ‘theory and measurement’, ‘measurement and theory’, ‘measurement with theory’ and ‘measurement without theory’. The question of how measurement research has helped in the advancement of knowledge advance is discussed in the light of this history.
    Keywords: Econometrics, History, Measurement error
    JEL: B16 B23 C10 C50
    Date: 2007–01
  3. By: William Greene
    Date: 2006

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