A Comment On Siegfried'S First Lesson In Econometrics
AbstractIn an insightful, and delightfully short, paper that was published in the Journal of Political Economy in 1970, Siegfried provided an im- portant lesson about econometric methodology for all budding young econometricians. Unfortunately, there is a mistake in that paper. This short comment provides a simple correction for that mistake. This correction will hopefully enable econometrics students to obtain the fundamental insights from Siegfried's paper with less confusion than might otherwise have been the case.
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Bibliographic InfoArticle provided by Western Economic Association International in its journal Economic Inquiry.
Volume (Year): 52 (2014)
Issue (Month): 1 (01)
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Other versions of this item:
- Damien S.Eldridge, 2013. "A comment on Siegfried's first lesson in econometrics," Working Papers, School of Economics, La Trobe University 2013.02, School of Economics, La Trobe University.
- A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
- C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
- C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
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