Empirical Modelling in Economics: Specification and Evaluation

Book Description

In these three essays, Professor Granger explains the process of constructing and evaluating an empirical model. Drawing on a wide range of cases and vignettes from economics, finance, politics and environment economics, as well as from art, literature, and the entertainment industry, Professor Granger combines rigor with intuition to provide a unique and entertaining insight into one of the most important subjects in modern economics. Chapter 1 deals with Specification. Chapter 2 considers Evaluation, and argues that insufficent evaluation is undertaken by economists, and that models should be evaluated in terms of the quality of their output. In Chapter 3, the question of how to evaluate forecasts is considered at several levels of increasing depth.

Customer Reviews:

Good Introductory Stuff.......2003-07-07

This a good book for all those who want to understand the relationship between econometrics and economics. Without really getting into the technical description of econometrics, Granger very stylishly describes its use in economic analysis. Through wide ranging examples such as deforectration etc, Granger shows the reader how empirical modelling is achieved. This is tough thing to do as a equation is worth a thousand words, so the author sometimes strugles to keep the pace. But in the end you will definately learn something new about modelling than you have started with. And the price is worth it for you to do so. This book is good for students beginging to understand modelling. In case you are looking at serious time series forecasting and stuff you wont find it here. There are number of books for those topics, but for a non-technical understanding of empirical modelling there are just a few. And this one if one of them, and its good!

One of the most interesting book I have ever read!.......2000-12-17

This is probably the first and the last econometrics book I will have read just for fun! Although the title of the book sounds daunting, I found it very easy to read. If you are interested in intutions behind building econometric models, you should consider reading this book. A word of caution: if you want to find something that treats this subject rigorously, this may not be the book you want to buy. Just to have fun with econometrics is the general idea here.

Book Description

This book shows that the use of money transforms a market economy into a payment society where production and employment are subordinated to the logic of asset markets. Monetary policy emerged out of private banking business and was always exposed to the risk of losing credibility and reputation. The stability of key currency systems was based on different policy preferences. A simple game-theoretic macro model explains the working and the downfall of the gold standard, Bretton Woods and the European Monetary System. It is shown that waning willingness to accept foreign leadership in monetary policy affairs propelled the creation of the euro.

Book Description

The first guide to this new financial trend. Credit securitization (also known as asset securitization) is a financial technology for packaging, underwriting, and selling loans in the form of securities. First used in packaging mortgage loans (as in the case of GNMA and other federally insured mortgage-backed securities), credit securitization has grown rapidly and spread to other forms of credit, including auto loans, student loans, credit-card balances, and so on. This book provides lenders and other financial professionals with clear analyses of many actual credit securitization deals. Includes much information unavailable elsewhere.

Average customer rating:

A must read for those entering their 3rd age or their retirement zone

A Purpose-Filled Life

Save Your Money and Skip This One

Especially for anyone over the age of 62

Why Retire when you can Review?

Too Young to Retire: 101 Ways To Start The Rest of Your Life
Marika Stone , and Howard Stone
Manufacturer: Plume
ProductGroup: Book
Binding: Paperback

Guides | Job Hunting & Careers | Business & Investing | Subjects | Books
General | Aging | Personal Health | Health, Mind & Body | Subjects | Books
General | Self-Help | Health, Mind & Body | Subjects | Books
Personal Transformation | Self-Help | Health, Mind & Body | Subjects | Books
Retirement Planning | Aging Parents | Parenting & Families | Subjects | Books
Aging | Sociology | Social Sciences | Nonfiction | Subjects | Books
Similar Items:

Don't Retire, REWIRE!

What Do You Want to Do When You Grow Up?: Starting the Next Chapter of Your Life

Retire Smart, Retire Happy: Finding Your True Path in Life

Second Careers: New Ways to Work after 50

The Creative Age: Awakening Human Potential in the Second Half of Life

Accessories:

RESPeRATE Blood Pressure Lowering Device

Philips HeartStart Home Defibrillator (AED)

ASIN: 0452285577
Release Date: 2004-04-27

Book Description

With Americans living longer, healthier lives, the conventional idea of retirement is obsolete. Millions of Americans are working past the age of sixty-five—not because they have to, but because they want to. Many, like Marika and Howard Stone, discover second careers, start their own businesses, or go back to school.

Based on the popular website www.2young2retire.com, Too Young to Retire offers inventive and exciting retirement alternatives to help readers find their labors of love, inner activists, or how to make a home away from home. Enlightening exercises and workbook pages as well as a comprehensive list of publications, home exchange organizations, and websites are included to assist readers in making meaningful choices. For those who aren't ready to throw in the towel, Too Young to Retire is the essential resource for discovering what comes next.

Customer Reviews:

A must read for those entering their 3rd age or their retirement zone.......2006-07-23

I found this book to be a concise, easy to read book about the joys and opportunities to be found in this stage of our life. Howard and Marika explore topics that a near and dear to us, that we must pay attention to if we wish to make this journey look like what we have always hoped for. Sometimes we all need a map to get us where we want to be!

A Purpose-Filled Life.......2005-06-14

The book, Too Young to Retire, as well as the Stone's web site and book study groups, is their effort to teach people how to live a life filled with purpose, rather than the emptiness of so many retirees' lives.

The book begins with an introduction to the Stones and how they arrived at the attitude that they did. It then dives right into the largest problem that retirees face - money. If you ask most people approaching retirement age what they fear most about retirement, running out of money is tied with poor health. The Stones tackle the problem face on, correctly stating the "it is much less risky to worry about money than to face the volcanic changes of midlife and beyond." Once the discussion is concluded, they suggest several techniques to put money in its place, including the tried and true method of keeping a daily record of how you spend your money.

Not content with tackling retirement, the Stones next look at the world of work and why work isn't working. They cite many of the same ills that books such as Take Back Your Time discuss: too little vacation, too much pressure, too little fulfillment and more. The book quotes Rutgers University's Heldrich Center for Workforce Development study, "Most workers see their 'retirement' not as a time for leisure and travel, but as an opportunity to do fulfilling work, and find avocation in what they do." The end of the chapter offers methods to work through to who you really are. These are good starting places, but the more hard-core 9-5ers might need a little more work. The Stone's suggestion to hire a personal coach, even for a little while, is a good one.

The book is complete with pages and pages of resources. More can be found at their website.

If retirement is in your future, this book is a great place to begin the process.

Save Your Money and Skip This One.......2004-01-30

Unless you are a far-left political idealist; "open-minded," as Mr. and Mrs. Stone say, their book offers little useful information for retirees.

Especially for anyone over the age of 62.......2003-09-21

Motivational speaker Howard Stone and yoga teacher Marika Stone team up in Too Young To Retire: An Off-The-Road Map To The Rest Of Your Life to present readers with a down-to-earth instructional guide which is drawn from the authors own lives as a couple, their research, and several assorted case histories in order to present practical and effective alternatives to retirement -- including stimulating work and community service. From opportunities to earn money or participate in business, to volunteering one's time, to traveling for fun and profit, Too Young To Retire is an exciting and dynamic self-help instructional guide for charting new possibilities for the future and highly recommended reading -- especially for anyone over the age of 62 and not ready for the rocking chair/nursing home slide into oblivion.

Why Retire when you can Review?.......2003-07-29

"It is already clear the 21st Century will demand more of all of us, young or old. The gifts we are given ? longevity, better health, education and financial resources ? come with responsibility. After all, we have inherited and even helped create a world that needs our wisdom, experience, and compassion now."

I've always thought the idea of retiring to be a strange concept. Why would you just give up your entire life? Even if you gave up your job should there not be other interests you would pursue, perhaps even more aggressively than your previous job.

It has been said that a "hobby" is more the man than his "job." I jest not when I say reviewing can be quite a great job/hobby.

The authors explain how to awaken the inner activist or volunteer. Chapter 5 gives a list of 101 Opportunities you could pursue. I know for sure there is a need for professional people who can keep giving their talents to society. Some of the ideas include:

Relocation Specialist
Personal Coach
Home Tutor
Travel Writer
Yoga Teacher
Massage Therapist
Author
Executive chef
Cabaret Singer

You might be thinking, "Hey, those sound more fun than what I'm doing now!" I personally like the "author" and "massage therapist" idea.

The authors explain how life is uncharted territory. How we live in a culture preoccupied with wealth. Are we not living our lives to find our deepest purpose?

The Contents Include:

Money - The Prose of Life
It's Not Working
It Is Working - Volunteering Revisited
101 Opportunities for the Open-Minded
Toward Wellness
Radical Departures
Resources

After you read this book, you will wonder if retirement really represents the "good life."

Well if you take Chapter 7 into account and start traveling the world, this might be just the bliss your soul has been craving. I also "loved" the idea of becoming a care taker. Who would not want to go live in a beautiful location as a property manager?

This book is about living in the moment and seeing your new freedom as an excuse to do exactly what you love.

Creative and Wise!

~The Rebecca Review
Author of Seasoned with Love: A collection of
best-loved recipes inspired by over 40 cultures

Average customer rating:
The Everything Guide to Personal Finance for Single Mothers Book: A Step-by-step Plan for Achieving Financial Independence (Everything: Business and Personal Finance)
Susan Reynolds , and Robert Bexton
Manufacturer: Adams Media Corporation
ProductGroup: Book
Binding: Paperback

Budgeting & Money Management | Personal Finance | Business & Investing | Subjects | Books
General | Personal Finance | Business & Investing | Subjects | Books
Money Management for Women | Personal Finance | Business & Investing | Subjects | Books
Single Parents | Parenting | Parenting & Families | Subjects | Books
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The Complete Single Mother: Reassuring Answers to Your Most Challenging Concerns

ASIN: 1598692488

Book Description

Are you a single mother who worries about your family's financial future? The Everything Guide to Personal Finance for Single Mothers has the savvy financial advice you really need. Packed with helpful tips and sound financial practices, this practical yet inspirational guide leads you on a step-by-step journey to financial independence and security.

This guide features tools to help you:

Assess current financial health
Set goals near and far
Narrow the wage gap
Conquer debt

Book Description

The number of single parent families has grown tremendously over the last 25 years. The average income for a single mom is less than $15,000 annually. Single mother families have the highest rate of poverty across all demographic groups.The statistics are startling. The problems are real. Whether male or female, divorced, widowed, or never married, the single parent encounters unique financial problems. Financial expert Larry Burkett offers practical help for all of these groups as they struggle financially with raising kids all alone. Larry gives advice on: making a budget finding housing buying a car dealing with alimony and child support divorce settlements court battlesWith financial savvy and excellent insights from God's Word, The Financial Guide for the Single Parent will help you get back on the road toward financial stability.

Customer Reviews:

Really bad!.......2002-11-26

Not even about finances at all. Waste of time.

Wrong title!.......2002-11-26

When I purchased the book I thought that I would be receiving a book that talked about finances for the single parent. However, it is more of a book with very basic fatherly-like advice. While it may have given some well intentioned advice it really said nothing significant about finance at all. In fact, the other thing that even resembles finance was the chapter on making budgets. Which consequently, has nothing to do with a single parent. Again, the author may be a wise and very kind person but if you want to know about finances for a single parent, this is not the one for you.

The Financial Guide for the Single Parent.......2000-06-19

Finally, a financial advice book that addresses the specific financial concerns of the single parent! And with all the biblically-founded financial wisdom that Larry Burkett is famous for. This book is full of strategies on how to stretch your money, and includes specific guidelines for setting up a budget. My finances are still a mess, but with the help of this book, I'm straightening it out. I only wish I had it several years ago. The only negative thing that I noticed is that it didn't seem (to me) to adequately address the expense of child care, which is probably the biggest concern of the single parent. But it is well worth the money, I'm getting a lot of use out of it.

The Financial Guide for the Single Parent.......2000-06-19

The Financial Guide for the Single Parent Workbook

Average customer rating:

Disappointed

The Financial Guide for the Single Parent Workbook
Larry Burkett , and Cheri Fuller
Manufacturer: Moody Publishers
ProductGroup: Book
Binding: Paperback

General | Personal Finance | Business & Investing | Subjects | Books

Money & Values | Personal Finance | Business & Investing | Subjects | Books

Financial Planning Workbooks | Personal Finance | Business & Investing | Subjects | Books

General | Religion & Spirituality | Subjects | Books
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ASIN: 0802427391

Book Description

There are almost 10 million homes headed by single mothers and 1.6 million homes headed by single fathers. One in three families with children is headed by a single parent.You may be a single parent, but you are not alone. For single parents, often financial issues are emotional concerns. Many don't really want to look too closely at the reality of their situations because that could be frightening. Often, they think they don't have enough money to budget, and even if they did have enough money the wouldn't know how to begin.In this helpful workbook, financial expert Larry Burkett will help you consider your financial goals and work toward them from where you are now. Learn to live within your means while providing for your children's needs, getting out of debt, and staying out of debt. With financial savvy and excellent insights from God's Word, The Financial Guide for the Single Parent Workbook will help you get back on the road toward financial stability.

Customer Reviews:

Disappointed.......2001-02-16

Although he eventually gets to financial planning he spends a LOT of time working on God's design for MARRIAGE and the pain of divorce. I feel that most people who buy this book are already aware of these things and are perhaps struggling and need help with the tight financial planning. I like Larry Burkett and recommend most of his books, but not this one.

Disappointed Mom of 4

Average customer rating:

A Valuable Resource for Singles!!!

Complete Financial Guide for Single Parents
Larry Burkett
Manufacturer: Dandelion House
ProductGroup: Book
Binding: Hardcover

General | Parenting & Families | Subjects | Books
ASIN: 0896930246

Customer Reviews:

A Valuable Resource for Singles!!!.......2003-04-15

Whether you are a divorcee or a widow(er), between the ages of 25 to 55, or older, this book is for you, as you seek to keep you and your children on a firm financial foundation.

Larry Burkett, one of the best financial counselors in the business, speaks about what he has seen on the faces and in the checkbooks of hundreds of people in nearly 20 years of financial counseling, and now he consolidates those years in this practical book. There is sound, biblically-based advice on such topics as: Developing a budget (they do work, you now, unless you don't work them); facing the job market; understanding alimony and child support; buying the right car or home; and dealing with wills, trusts, and insurance.

If biblical counsel is not your cup of tea, then maybe you should find another resource. If you are a Christian, and you still don't think you need biblical counsel in finances, I would encourage you to think again. There are so many couples and singles who have never been taught anything about financial wisdom or how to apply the biblical principles and laws towards their pocketbooks.

Book Description

Driven from a values base, Interdependence: The Route to Community is a service system framework that interprets a new approach for the ways in which people relate and the ways our society addresses social issues. Recognizing the limitations of the medical/expert approach, the book offers a new prescription for change based on partnership. This penetrating, often hard-hitting exploration of the goals of human services clears the air on how and why the current medical/expert paradigm has failed. Here is the introduction to the independent paradigm-an alternative approach to how people and systems can relate. The book focuses on a new plan of action for reestablishing the individual with his or her community and enhancing personal lives through a sense of similarity, rather than difference: Who should read this book? Educators, counselors, physicians, nurses, administrators, people with disabilities, family members, community and religious leaders, engineers, government officials, and politicians. This book is to be read and applied, not merely read.

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