By Baldev Raj (auth.), Baldev Raj, Johan Koerts (eds.)
PREFACE TO the gathering PREAMBLE The editors are happy to provide a range of Henri Theil's contributions to economics and econometrics in 3 volumes. In quantity I we've supplied an outline of Theil's contributions, a quick biography, an annotated bibliography of his examine, and a range of released and unpublished articles and chapters in books facing subject matters in econometrics. quantity IT comprises Theil's contributions to call for research and knowledge conception. quantity ITI contains Theil's contributions in financial coverage and forecasting, and administration technology. the choice of articles is meant to supply examples of Theil's many seminal and pathbreaking contributions to economics in such parts as econometrics, records, call for research, info concept, fiscal coverage research, aggregation idea, forecasting, index numbers, administration technological know-how, sociology, operations examine, larger schooling and masses extra. the gathering can be meant to function a tribute to him at the party of his 67th birthday.! those 3 volumes additionally spotlight a few of Theil's contributions and repair to the occupation as a pace-setter, consultant, administrator, instructor, and researcher. Theil's contributions, which surround many disciplines, were commonly mentioned either in medical journals. those citations usually position Theil one of the most sensible 10 researchers (ranked based on variety of occasions stated) on the planet in a variety of disciplines.
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Extra resources for Henri Theil’s Contributions to Economics and Econometrics: Econometric Theory and Methodology
The evaluation of the predictive ability of model forecasts and of other types of forecasts (such as survey predictions), the use of forecasts for policy purposes, and econometric methodology. The book reports on these different topics and is, therefore, rather heterogeneous in content. It turned out that many instructors used the book in their courses on econometric methodology. Since it was soon sold out, I used this opportunity to expand the econometric exposition in the second edition, which appeared in 1961.
1991). c) Economic Policy Theil made a significant contribution in the development of the flexible targets theory of economic policy. In the 1930s Professor J. Tinbergen began forecasting and policy evaluation with empirical econometric models specifically aimed at policy analysis for an entire economy. They allowed Tinbergen to formulate corrective policy advice for the government that was consistent both across expenditure groups and sectors of the economy. It led to development of the theory of economic policy using fixed targets.
Hughes Hallett, "Econometrics and the Theory of Economic Policy: The Tinbergen-Theil Contributions 40 Years On," Oxford Economic Papers, 41, 189-214. ) 1990 "Econometric Research in the Early 1950s," Current Contents/Social and Behavioral Sciences, 22 (17), 24. ) 4. R. Academy of Sciences, Moscow, June 1976 31 Work History & Biographical Data Visiting Professor, Department of Economics, University of Southern California, Winter 1979, Winter 1980, Winter 1981 Visiting Committee, Department of Economics, University of Michigan, 1979 Member, Foreign Advisory Board of the Pakistan Institute of Development Economics, 1979-1983 Visiting Research Professor, Department of Economics, University of Western Australia, Summer 1982 Senior Research Fellow, IC2 Institute, University of Texas at Austin, 1984-1989 S.
Henri Theil’s Contributions to Economics and Econometrics: Econometric Theory and Methodology by Baldev Raj (auth.), Baldev Raj, Johan Koerts (eds.)