Coverart for item
The Resource Econometrics as a con art : exposing the limitations and abuses of econometrics, Imad A. Moosa (Professor of Finance, Royal Melbourne Institute of Technology (RMIT), Australia

Econometrics as a con art : exposing the limitations and abuses of econometrics, Imad A. Moosa (Professor of Finance, Royal Melbourne Institute of Technology (RMIT), Australia

Label
Econometrics as a con art : exposing the limitations and abuses of econometrics
Title
Econometrics as a con art
Title remainder
exposing the limitations and abuses of econometrics
Statement of responsibility
Imad A. Moosa (Professor of Finance, Royal Melbourne Institute of Technology (RMIT), Australia
Creator
Subject
Language
eng
Summary
Imad Moosa challenges convention with this comprehensive and compelling critique of econometrics, condemning the common practices of misapplied statistical methods in both economics and finance. After reviewing the Keynesian, Austrian and mainstream criticisms of econometrics, it is demonstrated that econometric models can be manipulated to produce any desired result. These hazardous analyses may then be relied upon to support flawed policy recommendations, ideological beliefs and private interests. Moosa proposes that the way forward should instead be to rely on clear thinking, intuition and common sense rather than to continue with the reliance upon econometrics. The mathematization of economics has limited the accessibility of and participation in economic discussion by converting the area into a complex 'science' when it should not be. Appealing to both academics and practitioners of economics and finance, this book serves to challenge the acceptance of econometrics as offering trustworthy analysis. Any individual interested in empirical work will find this book a captivating read on the limitations of econometrics. --
Assigning source
Provided by publisher
Cataloging source
BTCTA
http://library.link/vocab/creatorName
Moosa, Imad A
Illustrations
illustrations
Index
index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
Econometrics
Label
Econometrics as a con art : exposing the limitations and abuses of econometrics, Imad A. Moosa (Professor of Finance, Royal Melbourne Institute of Technology (RMIT), Australia
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 243-281) and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
1. The Nature and Evolution of Econometrics 2. Components, Functions and Related Disciplines 3. Econometrics as a Science 4. The Laws of Economics and Science 5. Econometric Analysis: Loopholes and Shortcomings 6. Criticism of Econometrics: Keynes, Leamer, Lucas and the Austrians 7. Stir-Fry Regressions as a Con Job 8. Cointegration Analysis: Principles and Fallacies 9. Cointegration Analysis: Applications and Illustrations 10. Sensitivity and Insensitivity of Empirical Results 11. The Forecasting Fiasco 12. Concluding Thoughts Index
Control code
ocn987279001
Dimensions
25 cm
Extent
ix, 288 pages
Isbn
9781785369940
Lccn
2017931767
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
illustrations
System control number
(OCoLC)987279001
Label
Econometrics as a con art : exposing the limitations and abuses of econometrics, Imad A. Moosa (Professor of Finance, Royal Melbourne Institute of Technology (RMIT), Australia
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 243-281) and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
1. The Nature and Evolution of Econometrics 2. Components, Functions and Related Disciplines 3. Econometrics as a Science 4. The Laws of Economics and Science 5. Econometric Analysis: Loopholes and Shortcomings 6. Criticism of Econometrics: Keynes, Leamer, Lucas and the Austrians 7. Stir-Fry Regressions as a Con Job 8. Cointegration Analysis: Principles and Fallacies 9. Cointegration Analysis: Applications and Illustrations 10. Sensitivity and Insensitivity of Empirical Results 11. The Forecasting Fiasco 12. Concluding Thoughts Index
Control code
ocn987279001
Dimensions
25 cm
Extent
ix, 288 pages
Isbn
9781785369940
Lccn
2017931767
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
illustrations
System control number
(OCoLC)987279001

Library Locations

    • Badia FiesolanaBorrow it
      Via dei Roccettini 9, San Domenico di Fiesole, 50014, IT
      43.803074 11.283055
Processing Feedback ...