User Review – Flag as inappropriate. This was my first econometrics book as an undergraduate in economics at Queen’s University in Canada in the late s. Elements of Econometrics by Jan Kmenta starting at $ Elements of Econometrics has 4 available editions to buy at Alibris. Results 1 – 30 of 73 Elements of econometrics by Kmenta, Jan and a great selection of related books, art and collectibles available now at
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The title of the book is misleading, as is the subtitle “An Empiricist’s Companion”inviting the reader to surmise that it is a general introduction to econometrics.
This included a clearer understanding of just what sample selection bias means in this context. Amazon Advertising Find, attract, and engage customers.
Please help improve it by rewriting it in an encyclopedic style. There is no doubt, however, that he is best known to the general economics profession around the world for his internationally acclaimed textbook, Elements of Econometrics titled after Euclid’s Elements which was first published in and extensively revised in a second edition.
And while a relatively high degree of rigor is preserved, every conflict between rigor and clarity is resolved in favor of the latter.
Withoutabox Submit to Film Festivals. Apart from its clear exposition, the book’s strength lies in emphasizing the basic ideas rather than just presenting formulas to learn and rules to apply.
Solutions Manual to Elements of Econometrics, Jan Kmenta. (Paperback )
Jan Kmenta Passed Away”. Top Reviews Most recent Top Reviews. Amazon Second Chance Pass it on, trade it in, give it a second life. In other projects Wikimedia Commons. The book presupposes a good deal of econometric knowledge, and is narrowly focused on the work of labor economists. Get fast, free shipping with Amazon Prime.
There’s a problem loading this menu right now. After an adventurous escape in September he econoetrics more than a year in various refugee camps in West Germany before managing to emigrate to Australia in December Amazon Music Stream millions of songs. Description This classic text has proven its worth in university classrooms and as a tool kit in research—selling over 40, copies in the United States and abroad in its first edition alone.
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At the time, I recognized that Kmenta’s text was long and difficult, but it was also clear that some topics that were simply unreadable in other econometric accounts, especially Jack Johnston’s Econometric Methods, were presented with greater clarity and less mathematical density by Kmenta. Oberhofer formally established conditions for validity of the iterative estimation method most widely used in econometrics today, while his simplified estimation of the constant elasticity of substitution constant elasticity of substitution production function both gave “the nascent field of industrial organization a new set of powerful tools for studying firm efficiency”  and has been used to analyze the cost of network infrastructure,  among many other applications.
I feel Kmenta explains things very clearly and I am glad my professor used this book. I have learned, however, that for my purposes this book serves best as a reference. Read more Read less. Researchers in the social sciences will find it an invaluable reference tool. Elements of Econometrics, 2nd Edition. In addition to listing what might be called well-solved problems, they made explicit the implied assumptions underlying them, what can be said if the assumptions are not logically valid, and how to obtain useful results in these cases.
It can be pretty dense sometimes, but overall I was very pleased with it. I had the fortune of taking two undergraduate statistics courses under Professor Kmenta just prior to his retirement at the University of Michigan.
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This article is written like a personal reflection, personal essay, or argumentative essay that states a Wikipedia editor’s personal feelings or presents an original argument about a topic. As an afterthought, I was recently gratified when Kmenta gave a very mixed, not particularly flattering review to Angrist and Pische’s Mostly Harmless Econometrics. English Choose a language for shopping. You have successfully signed out and will be required to sign back in should you need to download more resources.
Pearson offers special pricing when you package your text with other student resources. We don’t recognize your username or password. The book consists of two parts, which could be considered jointly or separately. For those of us who are often forced to work on or just beyond the borders of our readily available statistical knowledge, this text is well worth the price.
Kmenta was assigned to breaking rocks in a stone quarry in Picton near Sydney.
I didn’t work many of the end of chapter questions, so I can’t really speak to their quality, but overall I thought it was a very good book.
I would suggest this book for all people interested in Econometric theory. Researchers in the social sciences will find it an invaluable reference tool.
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