Econometrics is the 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". The first known use of the term "econometrics" was by Polish economist Paweł Ciompa in 1910. Jan Tinbergen is considered by many to be one of the founding fathers of econometrics. Ragnar Frisch is credited with coining the term in the sense in which it is used today.
The Wall Street Journal is a U.S. business-focused, English-language international daily newspaper based in New York City. The Journal, along with its Asian and European editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The Journal has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser.
Vernon Lomax Smith is an American economist and professor of business economics and law at Chapman University. He was formerly a professor of economics and law at George Mason University, and a board member of the Mercatus Center. He was also a founding board member of the Center for Growth and Opportunity at Utah State University.
Economic statistics is a topic in applied statistics that concerns the collection, processing, compilation, dissemination, and analysis of economic data. It is also common to call the data themselves 'economic statistics', but for this usage see economic data. The data of concern to economic statistics may include those of an economy of region, country, or group of countries. Economic statistics may also refer to a subtopic of official statistics for data produced by official organizations. Analyses within economic statistics both make use of and provide the empirical data needed in economic research, whether descriptive or econometric. They are a key input for decision making as to economic policy. The subject includes statistical analysis of topics and problems in microeconomics, macroeconomics, business, finance, forecasting, data quality, and policy evaluation. It also includes such considerations as what data to collect in order to quantify some particular aspect of an economy and of how best to collect in any given instance.
The Far Eastern Economic Review was an English language Asian news magazine started in 1946. It printed its final issue in December 2009. The Hong Kong–based business magazine was originally published weekly. Due to financial difficulties, the magazine converted to a monthly publication in December 2004, and simultaneously switched to an arrangement whereby most articles were contributed by nonstaff writers who had expertise in a given field, such as economists, business-community figures, government policymakers, social scientists, and others.
Sir James Alexander Mirrlees was a Scottish economist and winner of the 1996 Nobel Memorial Prize in Economic Sciences. He was knighted in the 1997 Birthday Honours.
Information economics or the economics of information is a branch of microeconomic theory that studies how information and information systems affect an economy and economic decisions. Information has special characteristics: It is easy to create but hard to trust. It is easy to spread but hard to control. It influences many decisions. These special characteristics complicate many standard economic theories.
Computational economics is a research discipline at the interface of computer science, economics, and management science. This subject encompasses computational modeling of economic systems, whether agent-based, general-equilibrium, macroeconomic, or rational-expectations, computational econometrics and statistics, computational finance, computational tools for the design of automated internet markets, programming tools specifically designed for computational economics, and pedagogical tools for the teaching of computational economics. Some of these areas are unique to computational economics, while others extend traditional areas of economics by solving problems that are difficult to study without the use of computers and associated numerical methods.
The Quarterly Journal of Economics is a peer-reviewed academic journal published by the Oxford University Press. Its current editors-in-chief are Pol Antràs, Robert J. Barro, Lawrence F. Katz, and Andrei Shleifer. It is the oldest professional journal of economics in the English language, and covers all aspects of the field—from the journal's traditional emphasis on microtheory, to both empirical and theoretical macroeconomics. According to the Journal Citation Reports, the journal has a 2015 impact factor of 6.662, ranking it first out of 347 journals in the category "Economics".
The Journal of Business & Economic Statistics is a quarterly peer-reviewed academic journal published by the American Statistical Association. The journal covers a broad range of applied problems in business and economic statistics, including forecasting, seasonal adjustment, applied demand and cost analysis, applied econometric modeling, empirical finance, analysis of survey and longitudinal data related to business and economic problems, the impact of discrimination on wages and productivity, the returns to education and training, the effects of unionization, and applications of stochastic control theory to business and economic problems.
Roger Bruce Myerson is an American economist and professor at the University of Chicago. He holds the title of The Glen A. Lloyd Distinguished Service Professor in Economics and the College and Harris Graduate School of Public Policy Studies. In 2007, he was the winner of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel with Leonid Hurwicz and Eric Maskin for "having laid the foundations of mechanism design theory."
The Journal of Interdisciplinary History is a peer-reviewed academic journal published four times a year by the MIT Press. It covers a broad range of historical themes and periods, linking history to other academic fields.
The Review of Economics and Statistics is a peer-reviewed academic journal covering applied quantitative economics. It was established in 1919 as The Review of Economic Statistics and obtained its current name in 1948.
Alvin Elliot Roth is an American academic. He is the Craig and Susan McCaw professor of economics at Stanford University and the Gund professor of economics and business administration emeritus at Harvard University. He was President of the American Economics Association in 2017.
Public economics is the study of government policy through the lens of economic efficiency and equity.
Economic Botany is a quarterly peer-reviewed academic journal that covers all aspects of economic botany. The editor-in-chief is Robert A. Voeks. The journal was established in 1947 and is published by Springer Science+Business Media and the New York Botanical Garden Press on behalf of the Society for Economic Botany.
The European Economic Review is a peer-reviewed academic journal that covers research in economics. The journal was established in 1969 and the five main editors are: Theo S. Eicher, ; Ayse İmrohoroğlu, ; Eric M. Leeper, ; Jörg Oechssler, ; and Martin Pesendorfer,.
Economic Policy is a quarterly peer-reviewed academic journal published by Oxford Academic on behalf of the Centre for Economic Policy Research, the Center for Economic Studies, and the Paris School of Economics. The journal was established in 1985 and covers international economic policy topics such as macroeconomics, microeconomics, the labour market, trade, exchange rate, taxation, economic growth, government spending, and migration.
Population and Development Review is a quarterly peer-reviewed academic journal published by Wiley-Blackwell on behalf of the Population Council. It was established in 1975 and the editor-in-chief is Landis MacKellar. The journal covers population studies, the relationships between population and economic, environmental, and social change, and related thinking on public policy. Content types are original research articles, commentaries, data and perspectives on statistics, archival documents on population issues, book reviews, and official documents from population agencies or related organizations.
