econometrics
IPA: ɪkɑnʌmˈɛtrɪks
noun
- (economics) The branch of economics that applies statistical methods to the empirical study of economic theories and relationships.
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Examples of "econometrics" in Sentences
- Another important breakthrough in econometrics was achieved by James
- I organized a summer workshop in econometrics at the Summer Palace in Beijing.
- For Jan, econometrics is essential in economic research, a vision that was, and still is, being contested.
- Tinbergen's pioneer work in econometrics has been of major importance for subsequent methodological development.
- Lucas's pioneering contributions have actually created a new subfield within econometrics: rational expectations econometrics.
- The Prizes to Heckman and McFadden, as well as to Engle and Granger, in econometrics were also shared for complementary contributions.
- 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 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.
- 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).
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