This is the first book to present a clear empirical picture of the international exchange of goods and of the resources that account for the exchanges that occur.
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Book Description
Editorial Reviews
Review
"Leamer's new book represents one of the most serious attempts at linking economic theory with observations that I have ever encountered. The underlying intellectual honesty in approaching all econometric problems involved is most impressive and should serve as a shining example to all applied econometricians."
—Jan Kmenta, Professor of Economics and Statistics, University of Michigan. --This text refers to an out of print or unavailable edition of this title.
—Jan Kmenta, Professor of Economics and Statistics, University of Michigan. --This text refers to an out of print or unavailable edition of this title.
About the Author
Edward E. Leamer is Professor of Economics at the University of California at Los Angeles.
--This text refers to an out of print or unavailable edition of this title.
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More About the Author
Edward Leamer is the Chauncey J. Medberry Professor of Management, Professor of Economics, Professor of Statistics, Director of the UCLA/Anderson Business Forecast Project and Chief Economist of the Ceridian-UCLA Pulse of Commerce Index. (www.ceridianindex.com).
Never drawn to the fads of the mainstream, Ed Leamer is known both for his creative thoughts and his engaging style of writing. Specification Searches makes the case that traditional statistical theory is helpful for studying experimental data but either misleading or nearly irrelevant for studying nonexperimental data. Macroeconomic Patterns and Stories is an engaging look at macroeconomic data built on the premise that "Economists are pattern-seeking, story-telling animals." In his most recent book, The Craft of Economics, Leamer argues that economists are using mostly formal thinking and formal data analyses, and would do better work if they included informal approaches as well.
Never drawn to the fads of the mainstream, Ed Leamer is known both for his creative thoughts and his engaging style of writing. Specification Searches makes the case that traditional statistical theory is helpful for studying experimental data but either misleading or nearly irrelevant for studying nonexperimental data. Macroeconomic Patterns and Stories is an engaging look at macroeconomic data built on the premise that "Economists are pattern-seeking, story-telling animals." In his most recent book, The Craft of Economics, Leamer argues that economists are using mostly formal thinking and formal data analyses, and would do better work if they included informal approaches as well.
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Most Helpful Customer Reviews
2 of 2 people found the following review helpful:
5.0 out of 5 stars
a blueprint for how to do economic research,
By m_noland "m_noland" (Washington, DC United States) - See all my reviews
This review is from: Sources of International Comparative Advantage: Theory and Evidence (Paperback)
This book is a veritable blueprint on how to do economic research. Leamer starts with a concise review of the underlying Hechscher-Ohlin theory (this chapter alone is worth the price of the book) and then moves on to descriptive/graphical/visual analysis of the data and finally rigorous econometric modeling. Although the frontiers of academic research have moved on beyond what is presented in this book, in part due to Leamer's subsequent work, this is a real classic. Ought to be required reading for any graduate student doing research in international trade.So why _is_ it called "pure" theory?
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