Econometric Analysis

by William H. Greene

Book Overview

For first- year graduate courses in Econometrics for Social Scientists. Bridging the gap between social science studies and econometric analysis Designed to bridge the gap between social science... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0023463910
• ISBN13: 9780023463914
• Release Date: January 1992
• Publisher: Prentice Hall
• Length: 736 Pages
• Weight: 3.10 lbs.

Customer Reviews

Outstanding Reference Text!

Folks: I used this text in the first graduate level course in Applied Econometrics at the University of MN. I came into the class with an advanced degree in Statistics and 10 years of work experience. I found the text to be a one-stop guide to the commonly (and some not commonly) used methods in Econometrics. I love the layout of the text and the transition from OLS through the more advanced topics. In fact, this is the text which inspired me to write my own book "Applied Econometrics Using the SAS System." The wealth of examples that Prof Greene provides in this text is fantastic. I've used most of the examples from this text (with permission) in my own text. However, I must add that instrumental variables including measurement errors, and omitted variables bias is better explained in the text by Woolridge. I also feel that the chapter on Duration Models can be further expanded. The chapter on Simultaneous Equations Model is a bit hard to read unless you are well versed in reading advanced mathematical literature. If not, then the basic text by Ashenfelter, et al is fantastic as it explains the same concept using a simple linear regression model. Overall, there is a good reason by most Econ departments use Greene's text for teaching introductory level Econometrics courses. This is a handy reference which always lies within reach when I'm at work or at home. Best Wishes Vivek Ajmani St Paul, MN, USA

This is a must have, under certain conditions

This is one of the best econometrics books I've ever come across, and I use it as a reference. It's a classic within the field, and good both for reference as well as to understand topics. This book requires some knowledge of econometrics and the language used to describe it, and is not advisable to non-graduate students. If you are a graduate student though, *especially* a phd student, give this book a try. You won't regret it.

Not an easy book

Be warned. If you are buying this book for your first class in graduate-level econometrics, I suggest you also look around for another book or two to give you a different (easier) take on this material.

A must-own for this material.

Despite what is said above, this is a superbly laid out and extremely useful text. If I were stuck on a desert island and could only take one econometrics book, it would be this one for a variety of reasons: completeness, quality of examples, depth, and generalizability. Working in this area without the linear algebra would be a serious handicap anyways. Prentice Hall will sort out the typos eventually, I'm presume, and then we'll all be happier.

Matrix and Vector BONANZA!

The comments noting Greene's notational prowess are certainly accurate, at least in my experience of the text. If you are hunting for THE book on econometrics, particularly cross-section and panel, then Greene's is the place to turn. One would be hard pressed to find much that Greene doesn't cover, except for advanced Time-Series Econometrics. (If you are looking for an outstanding Time-Series text that is very rigorous, pick up Hamilton's "Time-Series Analysis." But this is not for the faint-hearted. An easier, but much less complete text on Time-Series is Walter Enders' Applied Econometric Time-Series.)A terrific textbook lineup for a 1st-2nd semester graduate course in econometrics is Greene's Econometric Analysis and Peter Kennedy's Guide to Econometrics.