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Cambridge University Press Econometrics of Qualitative Dependent Variables (Themes in Modern Econometrics)

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Description
This textbook introduces students progressively to various aspects of qualitative models and assumes a knowledge of basic principles of statistics and econometrics. Inferring qualitative characteristics of data on socioeconomic class, education, employment status, and the like - given their discrete nature - requires an entirely different set of tools from those applied to purely quantitative data. Written in accessible language and offering cogent examples, students are given valuable means to gauge real-world economic phenomena. After the introduction, early chapters present models with endogenous qualitative variables, examining dichotomous models, model specification, estimation methods, descriptive usage, and qualitative panel data. Professor Gourieroux also looks at Tobit models, in which the exogenous variable is sometimes qualitative and sometimes quantitative, and changing-regime models, in which the dependent variable is qualitative but expressed in quantitative terms. The final two chapters describe models which explain variables assumed by discrete or continuous positive variables. Review "What is refreshing about this book is that each of the topics is first introduced in an intuitive manner, and then analyzed rigorously-a sytle that is very special to the author. The book is a must for any serious student of econometrics and for all libraries." Mathematical Reviews Book Description This textbook introduces students to qualitative econometric models and assumes a basic knowledge of econometrics/statistics.

Product Specifications
Brand
Cambridge University Press
Format
hardcover
ASIN
0521331498
Category
Books > Subjects > Science, Nature & Maths > Mathematics > Applied Mathematics
Domain
Amazon UK
Release Date
30 November 2000
Listed Since
16 December 2006

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