Ethics in Econometrics

A Guide to Research Practice

Philip Hans Franses (Erasmus University)

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Hardback

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English

Cambridge University Press
28 November 2024

Econometrics; Economic statistics

Applied econometrics uses the tools of theoretical econometrics and real-word data to develop predictive models and assess economic theories. Due to the complex nature of such analysis, various

assumptions are often not understood by those people who rely on it. The danger of this is that economic policies can be assessed favourably to suit a particular political agenda and forecasts can be generated to match the needs of a particular customer. Ethics in Econometrics argues that econometricians need to be aware of potential ethical pitfalls when carrying out their analysis and that they need to be encouraged to avoid them. Using a range of empirical examples and detailed discussions of real cases, this book provides a guide for research practices in econometrics, illustrating why it is imperative that econometricians act ethically in terms of the way they conduct their analysis and treat their data.

By: Philip Hans Franses (Erasmus University)
Imprint: Cambridge University Press
Country of Publication: United Kingdom
ISBN: 9781009428040
ISBN 10: 1009428047
Pages: 310
Publication Date: 28 November 2024
Audience: General/trade , ELT Advanced
Format: Hardback
Publisher's Status: Active

Philip Hans Franses is Professor of Applied Econometrics at the Erasmus University Rotterdam. He is a Fellow of the Journal of Econometrics, Journal of Applied Econometrics, International Journal of Forecasting, and of the Royal Netherlands Academy of Arts and Sciences. He has published monographs and textbooks with Cambridge University Press.

Reviews for Ethics in Econometrics: A Guide to Research Practice

'Having a deeper understanding of econometric tools, their use and misuse, is essential for not making misleading conclusions based on 'data evidence.' This excellent textbook introduces the reader to spotting some of the pitfalls in econometric and other data analysis.' Niels Haldrup, Aarhus University 'Philip Hans Franses made a book that is both easy to follow and rigorous. The applications provide students and professionals with emblematic examples for better exploiting econometric methods to extract information from data.' Roberto Golinelli, Department of Economics, University of Bologna 'Philip Franses' latest book is a unique and indispensable resource for practical econometricians, offering a wealth of knowledge that is both comprehensive and accessible. I am delighted to include this book in my reading list for upper-division undergraduate and master courses in Time Series Econometrics at U. Carlos III de Madrid. It serves as an excellent complement to standard textbooks in Econometrics. Two thumbs up for its exceptional contribution to the field of econometrics.' Jesus Gonzalo, Economics Professor, U. Carlos III de Madrid