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The Years of High Econometrics
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The Years of High Econometrics : A Short History of the Generation that Reinvented Economics

Book Details

Format Paperback / Softback
ISBN-10 0415514576
ISBN-13 9780415514576
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Mar 22nd, 2012
Print length 400 Pages
Weight 740 grams
Ksh 10,850.00
Werezi Extended Catalogue 0 in stock

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A fascinating and comprehensive history, this book explores the most important transformation in twentieth century economics: the creation of econometrics.

A fascinating and comprehensive history, this book explores the most important transformation in twentieth century economics: the creation of econometrics.

Containing fresh archival material that has not been published before and taking Ragnar Frisch as the narrator, Francisco Louca discusses both the keys events - the establishment of the Econometric Society, the Cowles Commission and the journal Econometrica – and the major players - economists like Wesley Mitchell, mathematicians like John von Neumann and statisticians like Karl Pearson - in history that shaped the development of econometrics.

He discusses the evolution of their thought, detailing the debates, the quarrels and the interrogations that crystallized their work and even offers a conclusion of sorts, suggesting that some of the more influential thinkers abandoned econometrics or became critical of its development.

International in scope and appeal, The Years of High Econometrics is an excellent accompaniment for students taking courses on probability, econometric methods and the history of economic thought.

 

 


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