A comment on Siegfried's first lesson in econometrics

Damien S. Eldridge

doi:10.1111/ecin.12041

A comment on Siegfried's first lesson in econometrics

Damien S. Eldridge^*

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

1 Citation (Scopus)

Abstract

In an insightful, and delightfully short, paper that was published in the Journal of Political Economy in 1970, Siegfried provided an important lesson about econometric methodology for all budding young econometricians. Unfortunately, there is a mistake in that paper. This short comment provides a simple correction for that mistake. This correction will hopefully enable econometrics students to obtain the fundamental insights from Siegfried's paper with less confusion than might otherwise have been the case. (JEL A20, C01, C10)

Original language	English
Pages (from-to)	503-504
Number of pages	2
Journal	Economic Inquiry
Volume	52
Issue number	1
Early online date	17 Oct 2013
DOIs	https://doi.org/10.1111/ecin.12041
Publication status	Published - Jan 2014
Externally published	Yes

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abstract = "In an insightful, and delightfully short, paper that was published in the Journal of Political Economy in 1970, Siegfried provided an important lesson about econometric methodology for all budding young econometricians. Unfortunately, there is a mistake in that paper. This short comment provides a simple correction for that mistake. This correction will hopefully enable econometrics students to obtain the fundamental insights from Siegfried's paper with less confusion than might otherwise have been the case. (JEL A20, C01, C10)",

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A comment on Siegfried's first lesson in econometrics

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