History of Econometrics

This comparative historical study of econometrics focuses on the development of econometric methods and their application to macroeconomics.The analysis covers the origins of modern econometrics in the USA and Europe during the 1920''s and 30''s, the rise of `structural estimation'' in the 1940''s and 50''s as the dominant research paradigm, and the crisis of the large macroeconomic models in the ...