A Guide to Econometrics

by Peter E. Kennedy

A Guide to Econometrics has established itself as the first-choice text for teachers and students throughout the world. It provides an overview of the subject and an intuitive feel for its concepts and techniques without the notation and technical detail often characteristic of econometrics textbooks. The fourth edition updates the contents and references thoughout, while retaining the basic structure and flavor of earlier editions. New material has been added on several topics, such as bootstrapping, count data, duration models, generalized method of moments, instrumental variable estimation, linear structural relations, Monte Carlo studies, neural nets, time series analysis, and VARs. A new appendix and a new type of exercise underline the importance of the sampling distribution concept.

Genres: Economics, Mathematics, Business, Textbooks, Academic, Finance, Reference

468 pages, Paperback

First published January 1, 1979

Reviews

[Ci · Rating 4 out of 5]

One of the best, and easy to use summary in statistics to check assumptions and ensure correct analysis. Statistics are more abused than used, which renders this book a superior reference against common-day abuses.

[Arjun · Rating 5 out of 5]

A very good treatment of what Econometrics is, in plain English. Use a good undergrad book, this and book like Goldberger to supplement your undoubtedly unreadable PhD level textbook.

[Adeel Faheem]

Excellent book!

[Jake Losh · Rating 1 out of 5]

A book such as this serves no purpose in this day and age when one can easily get terse summaries of different statistical and econometric techniques from Wikipedia. This book has an awful lot of words but very few examples of how to apply many of techniques in practice, so often it doesn't really help when you have a confusion that you're trying to clear up. If William Greene's Econometric Analysis is too mathematical, at least it has good examples of how to apply that math and sometimes the math can yield good intuition.

This book certainly doesn't claim to be the most rigorous text and so I don't judge it as such, but it also provide very little value if what you seek is intuition. Better to skip it and find another book.

[Rita Carreira · Rating 5 out of 5]

This is basically econometrics for dummies. If it's not in your bookshelf, then you can't call yourself an econometrician.

[Giuseppe Burtini · Rating 5 out of 5]

Great book - contains both the requisite technical material to understand applied regression and a whole wealth of valuable intuition.

[Leanne Powner · Rating 4 out of 5]

The classic companion to any applied econometrics.

[Ben Mcnamee · Rating 5 out of 5]

This is simply the best, most useful resource available for anyone who does any applied statistics of any kind. Highly reccomended.

[Lalaram Choudhary]

good book

[Eric · Rating 4 out of 5]

One of the best Introductory Texts.

[Daniela · Rating 4 out of 5]

Gotta say, for a subject that I really struggle with, this was a great read. The author does a good job explaining things conceptually. This will be something I buy and keep for a reference!

[Michele · Rating 4 out of 5]

I'd be much worse off without this book.

[Cong Zhang · Rating 5 out of 5]

A good reference to get my arms around the intuitions of a variety of econometric methods.