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A COMMENT ON CARL CHRIST'S PAPER.
- Source :
- Journal of Money, Credit & Banking (Ohio State University Press); May71 Part 2, Vol. 3 Issue 2, p461-463, 3p
- Publication Year :
- 1971
-
Abstract
- The author comments on a paper by economist Carl Christ concerning properties of nine econometric models. He states that Christ made a number of comparative statements about the econometric models that may result in casual readers misinterpreting the comments. He mentions that the comparative statements could be interpreted to concern the statistical properties of the models, the models theoretical quality, or the forecasting ability of the models. He states that these property statements can be independent from each other, with a model being a poor forecaster but having excellent statistical properties, and that they imply nothing about the model's degree of confirmation.
- Subjects :
- COMPARATIVE studies
ECONOMETRIC models
ECONOMETRICS
FORECASTING
STATISTICS
THEORY
Subjects
Details
- Language :
- English
- ISSN :
- 00222879
- Volume :
- 3
- Issue :
- 2
- Database :
- Complementary Index
- Journal :
- Journal of Money, Credit & Banking (Ohio State University Press)
- Publication Type :
- Academic Journal
- Accession number :
- 5163823
- Full Text :
- https://doi.org/10.2307/1991159