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Statistics and Econometrics: Methods and Applications, by Orley Ashenfelter, Phillip B. Levine, David J. Zimmerman
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Every major econometric method is illustrated by a persuasive, real life example applied to real data.
* Explores subjects such as sample design, which are critical to practical application econometrics.
- Sales Rank: #634785 in Books
- Published on: 2002-05-27
- Original language: English
- Number of items: 1
- Dimensions: 9.55" h x .83" w x 7.66" l, .0 pounds
- Binding: Hardcover
- 320 pages
Most helpful customer reviews
0 of 0 people found the following review helpful.
Geared towards undergraduates
By Mohamed Amr Elgeneidy
Classic book. Geared towards undergraduates.
5 of 5 people found the following review helpful.
It's not bad, but not great either
By Colin Shanks
The text, as others said, has great examples. It is clear and concise. And considering the subject matter, it's not quite as dry as you might expect (not a page-turner by any means, but it's readable). There area a few areas where it fails, however. 1) There could be more examples, and more variation. 2) There are too many typos, some of which are important. 3) There are no answers to the homework/practice problems.
As a student, the last one was incredibly annoying. The book contains no answers section, so it makes it hard to find material to practice before exams and quizzes. It would only take a few (10ish?) extra pages to include answers. For a book that is primarily going to be used as a class textbook, that's unacceptable.
Good in what it does, but it needs more.
5 of 10 people found the following review helpful.
good examples, complicated explanations, too many typos
By A Customer
As a student who never has taken econometrics class, I suffered the weakness of this book (which was used as the textbook) more than I benefited from the strengths.
The strength of this book lies in the good examples they use. The book is not dense and mostly the explanation is very
concise. The examples they have is very interesting and might attract students' attention quite well.
However, I found this book's explanation is not very biginner
friendly. The explanation is often unnecessary compliated with too much math, so it might not be good for introductory econometrics class (it could make a good supplemental reading).
Gujarati's, Kennedy, etc has similar coverage but the explanation is much more plain and reader friendly.
The crucial problem which makes this book less than desirable is, amount of typos - I'd say one typo in a few pages on average. Although they have listed erratas on the publisher's web-site, unfortunately they cover relatively low fraction of all the typos this book has (could be inevitable problem with the first edition book). End-of-chapter questions and slides suffer the similar problem, so when my professor did not catch the problem in the end-of-chapter question, I just wasted too much time trying to figure out the answers, which was the worst part of using this book.
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