Can Econometrics Rescue “The Economics”?

Advances in Economics and Econometrics

This is the third of three volumes containing edited versions of papers and a commentary presented at invited symposium sessions of the Ninth World Congress of the Econometric Society, held in London in August 2005. The papers summarize and interpret key developments, and they discuss future directions for a wide variety of topics in economics and econometrics. The papers cover both theory and ...

Causality in Economics and Econometrics

The Lorenz curve in economics and econometrics

This paper surveys selected applications of the Lorenz curve and related stochastic orders in economics and econometrics, with a bias towards problems in statistical distribution theory. These include characterizations of income distributions in terms of families of inequality measures, Lorenz ordering of multiparameter distributions in terms of their parameters, probability inequalities for di...

Quantum Ideas in Economics Beyond Quantum Econometrics

It is known that computational methods developed for solving equations of quantum physics can be successfully applied to solve economic problems; there is a whole related research area called quantum econometrics. Current quantum econometrics techniques are based on a purely mathematical similarity between the corresponding equations, without any attempt to relate the underlying ideas. We belie...

Econometrics 1, Warwick Ph.D. in Economics