The paper begins with a figurative representation of the contrast between present-day and formal applied econometrics …. An explication of the status of bridge principles in applied econometrics follows. To illustrate the concepts used in the … prescriptions of formal econometrics in the tradition of Ragnar Frisch with the commands of present-day econometrics in the …

equivalence scales in Hungary may lead to over-estimation of the relative income position of families with children, especially …

contribution in the area of fuel demand estimation. Especially in case of analyzing micro-data an often encountered problem in … demand estimation is the large number of zero-observations which poses problems for standard regression methods. The study …

-up restrictions implied by consumer theory, and is primarily useful for the estimation of the demands of several goods of the same … drinks in Argentina, and its results are presented, together with the ones obtained with the other estimation methods. …

evaluation of the methodological and empirical advances in the measurement of the extreme market risk. This paper argues that a … sustain the rise of financial markets. Thereafter, this review identified the value at risk (VaR) and VaR-based alternative … expected shortfall (ES) as the principal measures of extreme market risk. The deficiencies in the standard modelling approaches …

systems, the estimation results display consistency with demand theory, and elasticity estimates are close to economic common …