The “Meteorological” and the “Engineering” Type of Econometric Inference: a 1943 Exchange between Trygve Haavelmo and Jakob Marschak

Olav Bjerkholt

No 07/2010, Memorandum from Oslo University, Department of Economics

Abstract: The article presents an exchange of letters between Jakob Marschak and Trygve Haavelmo in May-July 1943. Marschak had from the beginning of 1943 become the research director of Cowles Commission at the University of Chicago. Trygve Haavelmo, who at the time worked for the Norwegian Shipping and Trade Mission in New York, had just published the article on the statistical implications of simultaneous equations, which would become his most quoted work. The content and the implications of the article was at the centre of the letter exchange. The introduction provides some background for the exchange.

Keywords: history; econometrics (search for similar items in EconPapers)
JEL-codes: B23 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2010-08-11
New Economics Papers: this item is included in nep-ecm, nep-his and nep-hpe
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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