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Title: Econometrics by Fumio Hayashi ISBN: 0-691-01018-8 Publisher: Princeton Univ Pr Pub. Date: 15 December, 2000 Format: Hardcover Volumes: 1 List Price(USD): $75.00 |
Average Customer Rating: 4.6 (10 reviews)
Rating: 5
Summary: future classic
Comment: This book will definitely be a classic. It's clearly written, well structured and covers a very modern approach to econometrics. In my opinion it's by far the best graduate econometrics text available.
Seems to me that Brian Phillips wouldn't know a good econometrics book if you hit him over the head with it. I have no hesitations in recommending this text.
Rating: 5
Summary: The modern approach to econometrics
Comment: The title is accurate. This is 'Econometrics' done properly.
Unlike the vast majority of econometrics texts, this book combines solid economic theory with a thorough grounding in basic mathematical statistics. The worked practical examples introduce some classic empirical papers and provide an excellent motivation to study the theory. The little bit of effort required to put on the GMM-tinged glasses makes everything look so much clearer.
The incidental treatment of linear algebra is better than that of any 'Math. for Economists' book I have ever come across.
Anyone at the graduate level of study should own this book. It would also be of value to advanced undergraduates, and out-of-touch academics.
It should be noted that an important aspect of statistical analysis is the treatment of 'outliers', such as the 'review' presented by Mr. Brian J. Phillips.
Rating: 5
Summary: Excellent
Comment: This book has excellent qualities:
1) Its clarity and concision, in exposition and proofs.
2) The modern approach and well structured and complete contents
3) The empirical exercises
But, for pure theory I prefer Davidson & McKinnon's "Estimation and inference", and for an empirical approach Berndt's "Practice of Econometrics".
Hayashi's is a good intermediate alternative, with great theory exposition and good empirical exercises.
One of the best options for a graduate student.
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Title: Econometric Analysis by William H. Greene, William H Greene ISBN: 0130661899 Publisher: Prentice Hall Pub. Date: 22 August, 2002 List Price(USD): $130.00 |
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Title: Econometric Analysis of Cross Section and Panel Data by Jeffrey M. Wooldridge ISBN: 0262232197 Publisher: MIT Press Pub. Date: 01 October, 2001 List Price(USD): $75.00 |
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Title: Time Series Analysis by James Douglas Hamilton ISBN: 0691042896 Publisher: Princeton Univ Pr Pub. Date: 11 January, 1994 List Price(USD): $85.00 |
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Title: Recursive Macroeconomic Theory by Lars Ljungqvist, Thomas J. Sargent ISBN: 0262194511 Publisher: MIT Press Pub. Date: 21 August, 2000 List Price(USD): $65.00 |
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Title: Game Theory for Applied Economists by Robert Gibbons ISBN: 0691003955 Publisher: Princeton Univ Pr Pub. Date: 13 July, 1992 List Price(USD): $37.50 |
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