Statistical Foundations for Econometric Techniques

by Asad Zaman

Key features of this text include: evaluation of econometric techniques and the procedures commonly used to analyze those techniques; recommendations against using the Durbin-Watson and Lagrange Multiplier texts in favour of tests with superior power; new types of estimation strategies superior to conventional OLS; and an illustration of Empirical Bayes estimators and Robust Regression techniques possessing a 50 per cet breakdown value.

570 pages, Hardcover

First published January 9, 1996

About the author

Dr. Asad Zaman is the Director of Uloom-ul-Umran (Islamic alternative to Social Science) on the Al-Nafi online educational platform. He received his BS Math from MIT in 1974, MS Stat, and Ph.D. Econ from Stanford Univ in 1976 and 1978 respectively. He has taught at Economics Departments of highly ranked international universities like Columbia, U. Penn., Cal. Tech. and Johns Hopkins as well as Bilkent University, Ankara and Lahore University of Managements Sciences. His econometrics textbook Statistical Foundations of Econometric Techniques is widely used as a reference in graduate econometrics courses, internationally. He is managing editor of International Econometric Reviews and on the editorial board of numerous journals. He has more than 100 publications, with more than a 1800 citations, in top ranked journals like Annals of Statistics, Journal of Econometrics, Econometric Theory, Journal of Labor Economics, etc. He has published widely in Islamic Economics, and is a leading authority in the field.