LSE approach to econometrics
id:
lse-approach-to-econometrics-199-2628537
title:
LSE approach to econometrics
text:
The LSE approach to econometrics, named for the London School of Economics, involves viewing econometric models as reductions from some unknown data generation process (DGP). A complex DGP is typically modelled as the starting point and this complexity allows information in the data from the real world but absent in the theory to be drawn upon. The complexity is then reduced by the econometrician by a series of restrictions which are tested. One particular functional form, the error-correction m
brand slug:
wiki
category slug:
encyclopedia
description:
Model named for the London School of Economics
original url:
https://en.wikipedia.org/wiki/LSE_approach_to_econometrics
date created:
date modified:
2023-05-07T21:06:49Z
main entity:
{"identifier":"Q17135422","url":"https://www.wikidata.org/entity/Q17135422"}
image:
fields total:
13
integrity:
14