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The Limits Of Econometrics |
Adrian C. Darnell, Professor and Principal, George Stephenson College, University of Durham, UK and J. Lynne Evans, University of Newcastle-upon-Tyne, UK
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| 1990 |
192 pp |
Hardback |
978 1 85278 048 7 |
£68.00 |
on-line discount
£61.20 |
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The Hardback is currently out of print |
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| 1991 |
192 pp |
Paperback |
978 1 85278 517 8 |
£21.00 |
on-line discount
£16.80 |
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This ambitious book focuses on the underlying methodological issues rather than concentrating upon econometric techniques. The limits of econometric investigations are identified through a critical appraisal of three different approaches associated with the work of Professors Hendry, Leamer and Sims. After explaining why the early optimism in econometrics was misplaced, it argues that rejection is not an appropriate response. It offers a rich spectrum of approaches to a problem of central importance in the development of modern economics.
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