Econometrics in Theory and Practice

Steven B Caudill

Eastern Economic Journal, 1990, vol. 16, issue 3, 249-256

Abstract: The purpose of this paper is to explore the answers to several questions raised by the fact that econometrics in theory is not the same as econometrics in practice. An obvious question is why econometrics in theory differs from econometrics in practice. The simple answer is that the benefits from data mining are great. Another question raised by the difference between econometrics in theory and econometrics in practice is how to reconcile the two. The hope is to make the data miner behave more like a classical statistician.

Date: 1990
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://web.holycross.edu/RePEc/eej/Archive/Volume16/V16N3P249_256.pdf (application/pdf)

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: https://EconPapers.repec.org/RePEc:eej:eeconj:v:16:y:1990:i:3:p:249-256

Access Statistics for this article

Eastern Economic Journal is currently edited by Cynthia A. Bansak, St. Lawrence University and Allan A. Zebedee, Clarkson University

More articles in Eastern Economic Journal from Eastern Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Victor Matheson, College of the Holy Cross ().