from The American Heritage® Dictionary of the English Language, 4th Edition
- n. Application of mathematical and statistical techniques to economics in the study of problems, the analysis of data, and the development and testing of theories and models.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. The branch of economics that applies statistical methods to the empirical study of economic theories and relationships.
from the GNU version of the Collaborative International Dictionary of English
- n. the application of mathematics and statistics to the study of economic and financial data.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. the application of mathematics and statistics to the study of economic and financial data
The Prizes to Heckman and McFadden, as well as to Engle and Granger, in econometrics were also shared for complementary contributions.
Another important breakthrough in econometrics was achieved by James
For Jan, econometrics is essential in economic research, a vision that was, and still is, being contested.
The new approach was called econometrics, and it emanated, at least at first, from another major intellectual base called the Cowles Commission at the University of Chicago.
The Laureates talk about their different backgrounds and studies, how a day at work may look like (4: 41), how they made their discovery (7: 42), the developments in econometrics (13: 25) and about their respective hobbies and family life (18: 54).
Lucas's pioneering contributions have actually created a new subfield within econometrics: rational expectations econometrics.
Tinbergen's pioneer work in econometrics has been of major importance for subsequent methodological development.
The task of econometrics from the point of view of human welfare is to try to extract from past data useful information for whatever economic society it should be found desirable to reach for.
I organized a summer workshop in econometrics at the Summer Palace in Beijing.
The field of econometrics is concerned with estimating economic relations and testing whether postulated relations conform fully with reality.