The estimation of economic relationships often confronts the challenge of weak instruments – variables that are only weakly correlated with endogenous regressors. Such weakness can lead to substantial ...

This paper explains why Godambe-Durbin "estimating functions" (EFs) from 1960 are worthy of attention in econometrics. Godambe and Kale (1991) show the failures of Gauss-Markov and least squares and ...

This course is compulsory on the BSc in Economics and Economic History, BSc in Finance, BSc in International Social and Public Policy and Economics, BSc in Philosophy and Economics and BSc in Politics ...

This course has a broad structure and covers many aspects of modeling and estimating financial/economic time series. In particular, we will be focusing on (i) linear regression models involving ...

Vol. 40, No. 3, Special Issue in Honor of C.A. Knox Lovell (DECEMBER 2013), pp. 323-335 (13 pages) In industry sectors where market prices for goods and services are unavailable, it is common to use ...

This course is available on the BSc in Econometrics and Mathematical Economics, BSc in Economics, BSc in Economics and Economic History, BSc in Mathematics and Economics, BSc in Philosophy, Politics ...

Viktor Todorov is Harold H. Hines Jr. Professor of Risk Management and Professor of Finance at the Kellogg School of Management, Northwestern University. Professor Todorov is a Fellow of the Society ...

This course, presented by the Institute for Capacity Development, gives government officials a rigorous foundation estimating of macro-econometric models and their application for nowcasting, ...