A comment on Siegfried's first lesson in econometrics
In 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.
|Date of creation:||2013|
|Contact details of provider:|| Web page: http://www.latrobe.edu.au/economics|
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