Econometrics and Economic Theory in the 20th Century

Econometrics and Economic Theory in the 20th Century

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Ragnar Frisch (1895-1973) received the first Nobel Memorial Prize in Economic Science together with Jan Tinbergen in 1969 for having played an important role in ensuring that mathematical techniques figure prominently in modern economic analysis. This collection explores his contributions to econometrics and other key fields in the discipline, as well as the results of new research. Contributors include eminent scholars from Europe, the United Kingdom and North America who investigate themes in utility measurement, production theory, microeconomic policy, econometrics methods, macrodynamics, and macroeconomic planning.Consequently, the topics selected for the centennial symposium had to be related to the quantification of economics. ... Thus it was natural to include a section of essays on utility measurement (Part II of this book) in the symposium. ... However, developments in the collection and processing of microeconomic data, together with the development of econometric methods, have made it possible to analyze anbsp;...

Title:Econometrics and Economic Theory in the 20th Century
Author:Steinar Strøm
Publisher:Cambridge University Press - 1998


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