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Marno Verbeek - A Guide to Modern Econometrics 2nd Ed

Revisions to this new edition include:

  • Additional and updated full-length illustrations
  • New sections on count data models, duration models, and the estimation of treatment effects.
  • Additional material on nonstationary panels, Monte Carlo studies, and tests for parameter stability and instrument validity.
  • More attention paid to robust inference and small-sample properties.

From the Back Cover

A Guide to Modern Econometrics explores a wide range of topics in modern econometrics focusing on what is important for doing and understanding empirical work. It serves as a guide to alternative techniques with the emphasis on practical questions such as when to use a particular approach, what can be gained by its use, and what are the drawbacks. It does not concentrate on the formulae behind the approaches and their practical relevance. * A wide range of topics are covered, such as time series analysis, cointegration, limited dependent variables, panel data analysis, and the generalized method of moments * Empirical examples are drawn from a wide variety of fields including labor economics, environmental economics, international economics, finance, and macroeconomics * End-of-chapter exercises review key concepts in the light of empirical examples * Data sets for illustrations and exercises available on-line from a web site

About the Author

Marno Verbeek is Professor of Econometrics at the Center for Economic Studies, KU Leuven. He also holds a part-time position at CentER, Tilburg University.

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