Introduction to Estimating Economic Models (Routledge Advanced Texts in Economics and Finance)

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ThexA0;book's comprehensive coverage onxA0;the application of econometric methods to empirical analysis of economic issues is impressive. ItxA0;uncoversxA0;the missing link between textbooks on economic theory and econometrics and highlightsxA0;the powerful connection between economic theory and empirical analysis perfectly through examplesxA0;on rigorous experimental design.xA0; The use ofxA0;data sets for estimation derived with the Monte Carlo method helps facilitate thexA0;understanding ofxA0;the role of hypothesis testing appliedto economic models. Topics covered in the book are: consumer behavior, producer behavior, market equilibrium, macroeconomic models, qualitative-response models, panel data analysis and time-series analysis. Key econometric models are introduced, specified, estimated and evaluated.xA0;The treatment onxA0;methods of estimation in econometrics and the discipline of hypothesis testing makes it a must-have forxA0;graduate students of economics and econometricsxA0;and aids theirxA0;understanding on how to estimate economic models and evaluate the results in terms of policy implications. xA0;

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Atsushi Maki is presently withxA0;the Department of Economics, Tokyo International University, Japan. He isxA0;Professor Emeritus of Economics atxA0;Keio University, Japan. Previously, he was Professor of Economics (1987-2009) atxA0;the Faculty of Business and Commerce, Keio University. HexA0;has been a visiting scholar at several universities such as Harvard University and thexA0;Australian National University, and hasxA0;taught at several universities and institutions such as Osaka University, ESSEC (France) and KSMS (Kenya) as a visiting professor. His main fields are empirical analysis of consumer behaviour and market behaviour. For his distinguished and invaluable contributions to scholarship, education andxA0;society, ProfessorxA0;Maki was given many honours which include the Japanese Ministry of Education, Science and Culture Travel Award by the Ministry of Education, Japan and Koizumi Travel Award by Keio University. He had also been awarded the following research grants: Abe Fellowship grant, the Social Science Research Council (SSRC), the American Council of Learned Society (ACLS), and the Japan Foundation Center for Global Partnership (CGP), 2001; and thexA0;Harvard-Yenching Fellowship grant, Harvard-Yenching Institute, Harvard University, 2001.