This paper is a general reflection on the major challenges facing econometrics in the future, not only in terms of research directions but also with respect to the method of teaching the science and its value for the society as a whole.

Undergraduate students typically are able to regurgitate basic rules and formulas for probability. They also have little trouble following the cookbook steps for estimation and hypothesis testing. Microsoft Excel has empowered them to run regressions. We are not persuaded, however, that these...

Building from Angrist and Pischke's (2017) arguments for how the teaching of undergraduate econometrics could become more effective, I propose a further redesign that would better serve the vast majority of students. The rationale follows from several premises, most notably: (1) few students...

This paper describes the place of econometrics in undergraduate economics curricula in all American colleges and universities listed in US News and World Report “2010 Best Colleges” guide that offer economics majors. Data come from online catalogs, departmental web sites, and online course...

This is an introductory article which explains the importance of explicit consideration and modeling of causality, contrary to current econometric practice, in order to use data set for extraction of meaningful information. One of the easiest to understand approaches to causality is via...

This unique introduction to econometrics provides undergraduate students with a command of regression analysis in one semester, enabling them to grasp the empirical literature and undertake serious quantitative projects of their own. It does not assume any previous exposure to probability and...

A manual is designed to support and help the basic concepts of statistics and its implications in econometric, beside this, interpretation of further statistical techniques have been shown as well by illustrations and graphical methods. It is comprised on several instances of test, obtained from...

This book brings together domains in financial asset pricing and valuation, financial investment theory, econometrics modeling, and the empirical analyses of financial data by applying appropriate econometric techniques. These domains are highly intertwined and should be properly understood in...

Market response models help managers understand how customers collectively respond to marketing activities, and how competitors interact. When appropriately estimated, market response models can be a basis for improved marketing decision-making. Market response models can be broadly classi.ed...

Through analysis of the European Union Emissions Trading Scheme (EU ETS) and the Clean Development Mechanism (CDM), this book demonstrates how to use a variety of econometric techniques to analyze the evolving and expanding carbon markets sphere, techniques that can be extrapolated to the...