The practice of econometrics : classic and contemporary

This econometrics text helps the reader to apply econometric techniques to a variety of empirical problems, using classic and contemporary data sets provided on a diskette. Each chapter begins with a discussion of economic theory underlying an application. It then summarizes the most important empirical findings, and involves the reader in a carefully designed set of exercises involving replication and extension of typical empirical findings. To assist the reader in hands-on applications, special manuals are available for purchase that implement the exercises on the widely-used computer econometric software programs, MicroTSP and SHAZAM. This book/disk package provides hands-on experience of econometrics with estimation and inference. Each chapter begins with a discussion of the economic theory underlying the application.