Nonparametric and Semiparametric Methods in Econometrics and Statistics: Proceedings of the Fifth International Symposium in Economic Theory and ... Symposia in Economic Theory and Econometrics) [Paperback]

William A. Barnett (Editor), James Powell (Editor), George E. Tauchen (Editor)

Book Description

ISBN-10: 0521424313 | ISBN-13: 978-0521424318 | Publication Date: June 28, 1991

This collection of papers delivered at the fifth international Symposium in Economic Theory and Econometrics in 1988 is devoted to recent advances in the estimation and testing of models that impose relatively weak restrictions on the stochastic behavior of data. Particularly in highly nonlinear models, empirical results are very sensitive to the choice of the parametric form of the distribution of the observable variables, and often nonparametric and semiparametric models are a preferable alternative. Methods and applications that do not require strong parametric assumptions for their validity, that are based on kernels and on series expansions, and methods for independent and dependent observations, are investigated and developed in these essays by renowned econometricians.

Editorial Reviews

Review

"Nonparametric and Semiparametric Methods in Econometrics and Statistics gives a fairly thorough picture of recent advances in nonparametric and semiparametric analysis. It provides insight on recently solved problems in this area and also points towards some of the yet-unresolved issues." Journal of the American Statistical Association

Book Description

Because empirical results are so sensitive to the choice of the parametric form of the distribution of the observable variable, this collection is devoted to recent advances in the estimation and testing of models that impose relatively weak restrictions.

Product Details

• Paperback: 508 pages
• Publisher: Cambridge University Press (June 28, 1991)
• Language: English
• ISBN-10: 0521424313
• ISBN-13: 978-0521424318
• Product Dimensions: 9 x 6 x 1 inches
• Shipping Weight: 1.5 pounds (View shipping rates and policies)
• Amazon Best Sellers Rank: #2,026,654 in Books (See Top 100 in Books)

More About the Author

William A. Barnett is Oswald Distinguished Professor of Macroeconomics at the University of Kansas, Director at the Center for Financial Stability in New York City, and Senior Fellow at the IC2 Institute at the University of Texas at Austin. He is Editor of the Cambridge University Press journal, Macroeconomic Dynamics, and is coauthor with Nobel Laureate Paul Samuelson of the book, Inside the Economist's Mind, translated into seven languages. He is Editor of the Emerald Press monograph series, International Symposia in Economic Theory and Econometrics. He has published over 130 articles in professional journals and over 20 books as author or editor. He was on the staff of the Federal Reserve Board from 1974 to 1982.