The “Meteorological” and the “Engineering” Type of Econometric Inference: a 1943 Exchange between Trygve Haavelmo and Jakob Marschak
AbstractThe article presents an exchange of letters between Jakob Marschak and Trygve Haavelmo in May-July 1943. Marschak had from the beginning of 1943 become the research director of Cowles Commission at the University of Chicago. Trygve Haavelmo, who at the time worked for the Norwegian Shipping and Trade Mission in New York, had just published the article on the statistical implications of simultaneous equations, which would become his most quoted work. The content and the implications of the article was at the centre of the letter exchange. The introduction provides some background for the exchange.
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Bibliographic InfoPaper provided by Oslo University, Department of Economics in its series Memorandum with number 07/2010.
Length: 28 pages
Date of creation: 11 Aug 2010
Date of revision:
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Postal: Department of Economics, University of Oslo, P.O Box 1095 Blindern, N-0317 Oslo, Norway
Phone: 22 85 51 27
Fax: 22 85 50 35
Web page: http://www.oekonomi.uio.no/indexe.html
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Find related papers by JEL classification:
- B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Econometrics; Quantitative and Mathematical Studies
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-08-21 (All new papers)
- NEP-ECM-2010-08-21 (Econometrics)
- NEP-HIS-2010-08-21 (Business, Economic & Financial History)
- NEP-HPE-2010-08-21 (History & Philosophy of Economics)
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- Bjerkholt, Olav, 2013. "Trygve Haavelmo at the Cowles Commission," Memorandum 26/2013, Oslo University, Department of Economics.
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