Advances in Econometrics Volume 2 Fifth World Congress [Paperback]

With its focus on econometrics, this second volume contains key papers delivered at the Fifth World Congress in 1985.Advances in Econometrics: Fifth World Congress, Volume II, edited by Professor Truman F. Bewley of Yale University, includes a wide variety of topics, comprising empirical and policy oriented subjects as well as theoretical and methodological ones.Advances in Econometrics: Fifth World Congress, Volume II, edited by Professor Truman F. Bewley of Yale University, includes a wide variety of topics, comprising empirical and policy oriented subjects as well as theoretical and methodological ones.These two volumes, with their focus on econometrics, contain papers delivered at the Fifth World Congress held in l985. Designed to make material accessible to a general audience of economists, these papers should be helpful to anyone with training in economics who wishes to follow new ideas and tendencies in the subject. Advances in Econometrics, Fifth World Congress, Volumes 1 & 2 edited by Professor Truman F. Bewley of Yale University, include a wide variety of topics, comprising empirical and policy oriented subjects as well as theoretical and methodological ones.9. Econometric metaphors Edward E. Leamer; 10. Econometric methodology: a personal perspective David F. Hendry; 11. Making economics credible Christopher A. Sims; 12. The empirical analysis of tax reforms Mervyn A. King; 13. Tests for liquidity constraints: a critical survey and some new observations Fumio Hayashi; 14. Life-cycle models of consumption: is the evidence consistent with the theory? Angus Deaton; 15. A framework for relating microeconomic and macroeconomic evidence on intertemporal substitution Thomas E. MaCurdy; 16. The short run behavior of labor supply Stephen J. Nickell; 17. Some pitfalls in applied general equilibrium modelling Jean Waelbroeck; 18. Operationalising Walras: experience with recent applied general equilibrium tax models John Whalley.'A very interesting collection l³