Table of Contents

Contents: 1. Traditional Methodology in Retrospect 2. Data Mining 3. Origins of a Modern Methodology: The DHSY Consumption Function 4. General to Specific Modelling 5. Cointegration Analysis 6. Vector Autoregression: Forecasting, Causality and Cointegration 7. Exogeneity and Structural Invariance 8. Non–Nested Models, Encompassing and Model Selection Exercises for Discussion Appendices References Author Index, Subject Index

About the Author

Wojciech W. Charemza, Professor of Economics and Derek F. Deadman, former Senior Lecturer in Economics, University of Leicester, UK

Reviews

’This volume is an extremely welcome addition to the plethora of theory and applied econometrics texts now on the market. . . . I expect the content and the method of presentation of New Directions in Econometric Practice will lead to it being widely adopted for undergraduate courses in applied econometrics.’