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Empirical Model Discovery and Theory Evaluation

Automatic Selection Methods in Econometrics

Empirical Model Discovery and Theory Evaluation( )
Author: Hendry, David F.
Doornik, Jurgen A.
ISBN:978-1-306-95786-1
Publication Date:Jan 2014
Publisher:MIT Press
Book Format:Ebook
List Price:USD $40.00
Book Description:

Economic models of empirical phenomena are developed for a variety of reasons, the most obvious of which is the numerical characterization of available evidence, in a suitably parsimonious form. Another is to test a theory, or evaluate it against the evidence; still another is to forecast future outcomes. Building such models involves a multitude of decisions, and the large number of features that need to be taken into account can overwhelm the researcher. Automatic model selection,...
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Book Details
Pages:387
Detailed Subjects: Business & Economics / Econometrics



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