This volume considers the history of econometrics, a field of economics that combines statistics, mathematics, and economic theory. Contributors scrutinize accounts of the field's shifting boundaries and the development of a cohesive scholarly community of econometricians. These essays consider applied research and methodologies in context and connect the history of econometrics to contemporary developments in related disciplines and technologies. Analyzing the practice of econometrics around the world since its introduction in the 1920s, contributors examine the relationship between...

In the memorable words of Ragnar Frisch, econometrics is a unification of the theoretical quantitative and the empirical quantitative approach to economic problems . Beginning to take shape in the 1930s and 1940s, econometrics is now recognized as a vital subdiscipline supported by a vast and still rapidly growing body of literature.

Edited by a leading researcher in the history of econometrics, this new collection from Routledge s Critical Concepts in Economics series brings together in one mini library the best and most influential scholarship on the rise of econometrics....

Reformation of Econometrics is a sequel to The Formation of Econometrics: A Historical Perspective (1993, OUP) which traces the formation of econometric theory during the period 1930-1960. This book provides an account of the advances in the field of econometrics since the 1970s. Based on original research, it focuses on the reformists' movement and schools of thought and practices that attempted a paradigm shift in econometrics in the 1970s and 1980s.
It describes the formation and consolidation of the Cowles Commission (CC) paradigm and traces and analyses the three major methodological...

This book contains a set of notes prepared by Ragnar Frisch for a lecture series that he delivered at Yale University in 1930. The lecture notes provide not only a valuable source document for the history of econometrics, but also a more systematic introduction to some of Frisch's key methodological ideas than his other works so far published in various media for the econometrics community. In particular, these notes contain a number of prescient ideas precursory to some of the most important notions developed in econometrics during the 1970s and 1980s More remarkably, Frisch demonstrated a...