Chung-ki Min Applied Econometrics

Annotation

Applied Econometrics: A Practical Guide is an extremely user-friendly and application-focused book on econometrics. Unlike many econometrics textbooks which are heavily theoretical on abstractions, this book is perfect for beginners and promises simplicity and practicality to the understanding of econometric models. Written in an easy-to-read manner, the book begins with hypothesis testing and moves forth to simple and multiple regression models. It also includes advanced topics:Endogeneity and Two-stage Least SquaresSimultaneous Equations ModelsPanel Data ModelsQualitative and Limited Dependent Variable ModelsVector Autoregressive (VAR) ModelsAutocorrelation and ARCH/GARCH ModelsUnit Root and CointegrationThe book also illustrates the use of computer software (EViews, SAS and R) for economic estimating and modeling. Its practical applications make the book an instrumental, go-to guide for solid foundation in the fundamentals of econometrics. In addition, this book includes excerpts from relevant articles published in top-tier academic journals. This integration of published articles helps the readers to understand how econometric models are applied to real-world use cases.