Econometrics / Jan Tinbergen.

Format:

Book

Author/Creator:

Tinbergen, Jan, 1903- author.

Standardized Title:

Econometrie. English

Language:

English

Subjects (All):

Econometrics.

Economics, Mathematical.

Physical Description:

1 online resource (277 p.)

Edition:

1st ed.

Place of Publication:

London ; New York : Routledge, 2005.

Language Note:

English

Summary:

Originally published in 1951, this volume reprints the classic work written by one of the leading global econometricians.Econometrics is structured as followed:Part 1 explains the relationship of Econometrics to Economics and Statistics.Part 2 outlines the process of formulating economic hypotheses mathematically and of subjecting them to a statistical test.Part 3 deals with the various component equations of the economic system - the psychic reactions, technical relations and reactions of business life and describes the process of setting up an economic model of the system as

Contents:

ECONOMETRICS; Copyright; ECONOMETRICS; Copyright; Preface; Foreword; CONTENTS; Part I. Introduction; 1. The Relationship of Econometrics to Economics and Statistics; 1. Economics; 2. Statistics; 3. Econometrics; Part II. The Working Methods Of Econometrics; 2. Mathematical Formulation; 4. The function of mathematical economics; general remarks; 5. Which variables should be included in the relation?; 6. The mathematical form of the relation; 7. The way in which the time factor appears in the relation; 8. Connection with other relations

9. Supply equation and price-fixation equation. 10. Macroeconomic investigations; 11. The description of complete systems; 12. The movements of complete systems; 13. Stable and unstable equilibria. The purpose of economic policy; 3. Statistical Testing; 14. Statistical testing; measuring phenomena; 15. Determining the components of time series; general remarks; 16. More refined methods; the trend; 17. Determining and eliminating the random component; 18. Determining the seasonal fluctuations and the business-cycle component; 19. Simple correlation

20. Possibilities of application in the economic field 21. Multiple correlation; 22. Evaluating the uncertainty of the results; 23. Simultaneous equations; 24. The use of regression analysis in econometrics; Part III.Results Of Econometric Research; 4. The Psychic Reactions; 25. Contents and subdivisions of this chapter; 26. Psychic reaction relations; Engel curves; 27. The ""propensity to consume"" and the ""multiplier""; 28. Demand curves; agricultural products; 29. Demand curves; services and industrial products; 30. The demand function for all goods taken together

31. Dynamic demand functions 32. The foundations of demand curves; indifference surfaces; 5. The Technical Relations; 33. Cost curves for separate industrial enterprises (microeconomic cost curves); 34. The production function (macroeconomic cost curves); 35. Technical development; 6. Reactions of Business Life; 36. Supply of products; 37. The demand for investment goods; 38. Substitution elasticities; 39. Reaction relations in the financial sphere; 7. The Functioning of Economic Systems; 40. Separate markets (echo principle, hog cycle, building cycle)

41. The general business-cycle movement 42. Comparative-static systems; 43. Concluding remarks; Part IV. Economic Policy; 8. The Use of Econometric Research for the Purpose of Economic Policy (An Example); 44. Object and summary of this chapter; 45. Description of the model and its alternatives.; 46. Choice of variables; boundary conditions; 47. Directives and instruments; the strategy of economic policy; 48. Isolated wage policy; consequences of the double function of wages; 49. Isolated price policy; 50. Devaluation; 51. Combined wage, price, and tax policy

the ""optimum"" solution

Notes:

"First published 1951 by Routledge"--T.p. verso.

Translated from the Dutch by H. Rijken van Olst.

Includes bibliographical references (p. 247) and index.

ISBN:

1-134-35710-9

1-134-35711-7

1-280-22508-4

9786610225088

0-203-48661-7

9780203486610

OCLC:

811492455