Title

Econometrics: Ghosts of Economics’ Past and Tidings of Good Cheer?

Date

5-26-2016 11:00 AM

End Time

26-5-2016 11:30 AM

Location

WUC Calapooia Room

Department

Business and Economics

Session Chair

John Leadley

Session Title

Business and Economics

Faculty Sponsor(s)

Frederick J. Oerther III

Presentation Type

Presentation

Abstract

Since its inception, econometrics as a field has held both promise and peril for strengthening the correspondence between economic theory and empirical data. Promise in helping to provide the grounds for economics’ various laws, relations, and hypotheses as contrasted with peril from its historical research threads often intertwining with grand economic debates, controversies, and conflicting perspectives. In particular, this presentation will provide a whirlwind tour of the questions, highlights, and developments that have most characterized the field proceeding from the early to mid 20th century to the present day along with some tentative conclusions concerning how far econometrics has come as a research program and whether its dynamic if chaotic past should be a cause for concern or an indication of yet unrealized potential.

This document is currently not available here.

Share

COinS
 
May 26th, 11:00 AM May 26th, 11:30 AM

Econometrics: Ghosts of Economics’ Past and Tidings of Good Cheer?

WUC Calapooia Room

Since its inception, econometrics as a field has held both promise and peril for strengthening the correspondence between economic theory and empirical data. Promise in helping to provide the grounds for economics’ various laws, relations, and hypotheses as contrasted with peril from its historical research threads often intertwining with grand economic debates, controversies, and conflicting perspectives. In particular, this presentation will provide a whirlwind tour of the questions, highlights, and developments that have most characterized the field proceeding from the early to mid 20th century to the present day along with some tentative conclusions concerning how far econometrics has come as a research program and whether its dynamic if chaotic past should be a cause for concern or an indication of yet unrealized potential.