Non-Parametric Econometrics

ISBN-13: 9780199578009 / Angielski / Twarda / 2011 / 176 str.

Ibrahim Ahamada

Opis

This book allows those with a basic knowledge of econometrics to learn the main nonparametric and semiparametric techniques used in econometric modelling, and how to apply them correctly. It looks at kernel density estimation, kernel regression, splines, wavelets, and mixture models, and provides useful empirical examples throughout. Using empirical application, several economic topics are addressed, including income distribution, wage equation, economic convergence, the Phillips curve, interest rate dynamics, returns volatility, and housing prices. A helpful appendix also explains how to implement the methods using R. This useful book will appeal to practitioners and researchers who need an accessible introduction to nonparametric and semiparametric econometrics. The practical approach provides an overview of the main techniques without including too much focus on mathematical formulas. It also serves as an accompanying textbook for a basic course, typically at undergraduate or graduate level.

Recenzje

Overall, this is a great book and provides a well-conceived overview of the main techniques that econometricians use to deal with situations where the parametric form of the model is unknown. Non-parametric techniques are increasingly used in mainstream econometrics and this book will be useful for those who wish to get caught up on these exciting developments.

O autorze

Ibrahim Ahamada is Assistant Professor of Economics at the University Paris 1 Panthéon-Sorbonne and a member of the Paris School of Economics. Between 2002 and 2004, he held position at the Université de la Réunion. He obtained his PhD in Economics from the Université de la Méditerranée in 2002. ; Emmanuel Flachaire is Professor of Economics at Aix-Marseille University and a member of the GREQAM (Groupement de Recherche en Economie Quantitative d'Aix Marseille). Between 2001 and 2008, he taught at the University Paris 1 Panthéon-Sorbonnne, and at the Paris School of Economics. After obtaining his PhD in Economics from the Université de la Méditerranée in 1998, he has held short research positions at CORE, Université Catholique de Louvain, and the London School of Economics.