On the Design of Experiments when Data are Collected by Passive Observation

Katarina Juselius

No 91-14, Discussion Papers from University of Copenhagen. Department of Economics

Abstract: Some recent developments in the macroeconometric model analysis of time series are discussed in the light of the monograph by Haavelmo (1944). A brief overview of some important works in this area during the last three decades is given, and the importance of the widespread use of personal computers for the realization of Haavelmo's ideas is pointed out. The notion of design of experiments in econometrics is discussed and related both to the case of controlled experiments and the case of passive observation. The latter case is discussed in particular with reference to recent developments in the analysis of nonstationary data. Some of the open questions addressed by Haavelmo are finally discussed in order to find out whether they can be answered more fully today.

Keywords: Haavelmo; macroeconometric time series modelling; multivariate cointegration; nonstationary time series (search for similar items in EconPapers)
Date: 1991-09

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:kud:kuiedp:9114

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Discussion Papers from University of Copenhagen. Department of Economics
Address: Øster Farimagsgade 5, Building 26, DK-1353 Copenhagen K., Denmark
Contact information at EDIRC.
Series data maintained by Henriette Aabo Hansen ().