The Practice of Econometrics Studies on Demand, Forecasting, Money a
In the autumn of 1961 Jan Salomon ('Mars') Cramer was appointed to the newly established chair of econometrics at the University of Amsterdam. This volume is published to commemorate this event. It is well-known how much econometrics has developed over th
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INTERNATIONAL STUDIES IN ECONOMICS AND ECONOMETRICS Volume 15
1. Harder T: Introduction to Mathematical Models in Market and Opinion Research With Practical Applications, Computing Procedures, and Estimates of Computing Requirements. Translated from the German by P.H. Friedlander and E.H. Friedlander. 1969.
2. Heesterman ARG: Forecasting Models for National Economic Planning. 1972. 3. Heesterman ARG: Allocation Models and their Use in Economic Planning. 1971. 4. Durdag M: Some Problems of Development Financing. A Case Study of the Turkish First Five-Year Plan, 1963-1967. 1973. 5. Blin JM: Patterns and Configurations in Economic Science. A Study of Social Decision Processes. 1973. 6. Merkies AHQM: Selection of Models by Forecasting Intervals. Translated from the Dutch by M. van Holten-De Wolff. 1973. 7. Bos HC, Sanders M and Secchi C: Private Foreign Investment in Developing Countries. A Quantitative Study on the Evaluation of its Macro-Economic Impact. 1974. 8. Frisch R: Economic Planning Studies Selected and Introduced by Frank Long. Preface by Jan Tinbergen. 1976. 9. Gupta KL: Foreign Capital, Savings and Growth. An International Crosssection Study. 1983.
10 Bochove CA van: Imports and Economic Growth. 1982. 11. Bjerkholt 0, Offerdal E (eds.): Macroeconomic Prospects for a Small Oil Exporting Country. 1985.
12. Weiserbs D (ed.): Industrial Investment in Europe: Economic Theory and Measurement. 1985. 13. Graf von der Schulenburg J-M, Skogh G (eds.): Law and Economics & The Economics of Legal Regulation. 1986. 14. Svetozar Pejovich (ed.): Socialism: Institutional, Philosophical and Economic Issues. 1987. 15. Heijmans RDH, Neudecker H (eds.): The Practice of Econometrics. 1987.
The Practice of Econometrics Studies on Demand, Forecasting, Money and Income edited by
Risto Heijmans and Heinz Neudecker (University of Amsterdam)
1987 KLUWER ACADEMIC PUBLISHERS
DORDRECHT I BOSTON I LANCASTER
.&' I
Distributors
for the United States and Canada: Kluwer Academic Publishers, P.O. Box 358, Accord Station, Hingham, MA 02018-0358, USA for the UK and Ireland: Kluwer Academic Publishers, MTP Press Limited, Falcon House, Queen Square, Lancaster LAI lRN, UK for all other countries: Kluwer Academic Publishers Group, Distribution Center, P.O. Box 322, 3300 AH Dordrecht, The Netherlands
Library of Congress Cataloging in Publication Data The Practice of econometrics. (International studies in economics and econometrics v. 15)
Published in honor of Jan Salomon Cramer. Bibliography: p. Includes index. 1. Econometrics.
I. Neudecker, Heintz.
2. Econometric models.
II. Heijrnans, Risto.
III. Cramer, J. S. (Jan Salomon), 1928IV. Series. HB139.P7 1987 330'.028 87-4054 ISBN 90-247-3502-5
ISBN-13: 978-94-010-8106-1 e-ISBN-13: 978-94-009-3591-4 001: 10.1007/978-94-009-3591-4
Copyright
© 1987 by Martinus Nijhoff Publishers, Dordrecht. Softcover reprint of the hardcover 1st edition 1987 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means,