Econometrics

id: econometrics-163-3931692
title: Econometrics
text: Econometrics is an application of statistical methods to economic data in order to give empirical content to economic relationships. More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference." An introductory economics textbook describes econometrics as allowing economists "to sift through mountains of data to extract simple relationships." Jan Tinbergen is one of the tw
brand slug: wiki
category slug: encyclopedia
description: Empirical statistical testing of economic theories
original url: https://en.wikipedia.org/wiki/Econometrics
date created: 2002-02-25T15:43:11Z
date modified: 2024-08-28T09:55:12Z
main entity: {"identifier":"Q160039","url":"https://www.wikidata.org/entity/Q160039"}
image:
fields total: 13
integrity: 15

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