Probability and Statistics for Economists (eBook)

Bruce Hansen (Autor)

eBook Download: PDF

2022
416 Seiten
Princeton University Press (Verlag)
978-0-691-23614-8 (ISBN)

Infos

A comprehensive and up-to-date introduction to the mathematics that all economics students need to knowProbability theory is the quantitative language used to handle uncertainty and is the foundation of modern statistics. Probability and Statistics for Economists provides graduate and PhD students with an essential introduction to mathematical probability and statistical theory, which are the basis of the methods used in econometrics. This incisive textbook teaches fundamental concepts, emphasizes modern, real-world applications, and gives students an intuitive understanding of the mathematics that every economist needs to know.Covers probability and statistics with mathematical rigor while emphasizing intuitive explanations that are accessible to economics students of all backgroundsDiscusses random variables, parametric and multivariate distributions, sampling, the law of large numbers, central limit theory, maximum likelihood estimation, numerical optimization, hypothesis testing, and moreFeatures hundreds of exercises that enable students to learn by doingIncludes an in-depth appendix summarizing important mathematical results as well as a wealth of real-world examplesCan serve as a core textbook for a first-semester PhD course in econometrics and as a companion book to Bruce E. Hansen's EconometricsAlso an invaluable reference for researchers and practitioners

Produkt-Details

• Erscheint lt. Verlag: 28.6.2022
• Zusatzinfo: 111 b/w illus. 6 tables.
• Sprache: englisch
• Themenwelt: Mathematik / Informatik ► Mathematik ► Statistik
• Themenwelt: Mathematik / Informatik ► Mathematik ► Wahrscheinlichkeit / Kombinatorik
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Ökonometrie
• Schlagworte: algorithmic trading • Approximation • Asymptotic Distribution • asymptotic formula • Asymptotic Theory • Asymptotic theory (statistics) • Bayes Estimator • Bayesian Econometrics • Bayesian inference • Beta-binomial distribution • Bias of an estimator • Calculation • central limit theorem • Characteristic function (probability theory) • chi-squared distribution • Chi-squared test • Competition (economics) • Conditional probability • Conditional probability distribution • Confidence interval • Continuous function (set theory) • Convergence of random variables • Covariance matrix • Cross-validation (statistics) • Cumulative distribution function • Currency swap • Density Estimation • Donsker's theorem • Econometric model • Econometrics • Econometric Theory • Economic cost • Economic equilibrium • economic liberalism • Economic Power • economy • Empirical distribution function • Endogeneity (econometrics) • estimation • Estimation theory • Estimator • Exchange Rate • expected value • exponential function • factorial • Fisher Information • Gauss–Markov theorem • Geoeconomics • Glivenko–Cantelli theorem • Independence (probability theory) • inference • Inflation Targeting • Inverse Probability • Iteration • James–Stein estimator • Joint probability distribution • Kernel Density Estimation • Likelihood Function • Likelihood-ratio test • Log-normal Distribution • Macroeconomics • market liquidity • Mathematical Optimization • Mathematical Statistics • maximum likelihood estimation • m-estimator • Method of moments (statistics) • Minimum-variance unbiased estimator • monetary policy • Newton's method • Neyman–Pearson lemma • order statistic • Outcome (probability) • Parameter • parametric model • Poisson distribution • Probability • probability and statistics • Probability density function • Probability Distribution • Probability interpretations • Probability mass function • Probability Theory • p-value • Random Variable • sampling distribution • Sampling (Statistics) • Shrinkage Estimator • standard deviation • Statistic • Statistical hypothesis testing • statistical model • statistical significance • Statistical Theory • Supply (economics) • test statistic • Theorem • Trade-off • Variance • Weighted arithmetic mean
• ISBN-10: 0-691-23614-3 / 0691236143
• ISBN-13: 978-0-691-23614-8 / 9780691236148