|
Trevor S. Breusch
Trevor Stanley Breusch (born c. 1953) is an Australian econometrician and was until his retirement Professor of Econometrics and Deputy Director of Crawford School of Public Policy at the Australian National University. He is noted for the Breusch–Pagan test from the paper (with Adrian Pagan) "A simple test for heteroscedasticity and random coefficient variation" (see Noted works, below). Another contribution to econometrics is the serial correlation Lagrange multiplier test, often called Breusch–Godfrey test after Breusch and Leslie G. Godfrey Leslie George Godfrey (born 1946) is a British econometrician Econometrics is the application of statistical methods to economic data in order to give empirical content to economic relationships. M. Hashem Pesaran (1987). "Econometrics," ' ..., which can be used to identify autocorrelation in the errors of a regression model. Awards * Australian Finance Conference Prize in Economics, University of Queensland, 1973. * Uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australia
Australia, officially the Commonwealth of Australia, is a sovereign ''Sovereign'' is a title which can be applied to the highest leader in various categories. The word is borrowed from Old French , which is ultimately derived from the Latin , meaning 'above'. The roles of a sovereign vary from monarch, ruler or ... country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a megadiverse country, and its size gives it a wide variety of landscapes and climates, with deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approx ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crawford School Of Public Policy
Crawford School of Public Policy is a research-intensive policy school within the ANU College of Asia and the Pacific at The Australian National University which focuses on Australia and the Asia-Pacific region. The school was named after Sir John Crawford, and its current director is Professor Helen Sullivan. The Crawford School has disciplinary and interdisciplinary expertise in public policy, economics, political science, national security, aid, development, and environmental management. The JG Crawford Building In December 2009, the school moved to a new mini-campus overlooking Lake Burley Griffin. The new school building is located on Acton Peninsula adjacent to Old Canberra House and the WEH Stanner building. The new building designed by Tanner Architects links the two existing buildings to provide consolidated accommodation for staff and students of the school, surrounding a courtyard forming a mini-campus. A new extension to the Crawford School, the GJ Yeend Wing Build ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Econometrics
Econometrics is the application of statistical methods to economic data in order to give empirical content to economic relationships.M. Hashem Pesaran (1987). "Econometrics," '' The New Palgrave: A Dictionary of Economics'', v. 2, p. 8 p. 8–22 Reprinted in J. Eatwell ''et al.'', eds. (1990). ''Econometrics: The New Palgrave''p. 1p. 1–34Abstract (2008 revision by J. Geweke, J. Horowitz, and H. P. Pesaran). More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference". An introductory economics textbook describes econometrics as allowing economists "to sift through mountains of data to extract simple relationships". Jan Tinbergen is one of the two founding fathers of econometrics. The other, Ragnar Frisch, also coined the term in the sense in which it is used today. A basic tool for econometrics is the multiple linear regression model. ''Econometric the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian National University
The Australian National University (ANU) is a public research university located in Canberra, the capital of Australia. Its main campus in Acton encompasses seven teaching and research colleges, in addition to several national academies and institutes. ANU is regarded as one of the world's leading universities, and is ranked as the number one university in Australia and the Southern Hemisphere by the 2022 QS World University Rankings and second in Australia in the '' Times Higher Education'' rankings. Compared to other universities in the world, it is ranked 27th by the 2022 QS World University Rankings, and equal 54th by the 2022 '' Times Higher Education''. In 2021, ANU is ranked 20th (1st in Australia) by the Global Employability University Ranking and Survey (GEURS). Established in 1946, ANU is the only university to have been created by the Parliament of Australia. It traces its origins to Canberra University College, which was established in 1929 and was integrated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Breusch–Pagan Test
In statistics, the Breusch–Pagan test, developed in 1979 by Trevor Breusch and Adrian Pagan, is used to test for heteroskedasticity in a linear regression model. It was independently suggested with some extension by R. Dennis Cook and Sanford Weisberg in 1983 (Cook–Weisberg test). Derived from the Lagrange multiplier test principle, it tests whether the variance of the errors from a regression is dependent on the values of the independent variables. In that case, heteroskedasticity is present. Suppose that we estimate the regression model : y = \beta_0 + \beta_1 x + u, \, and obtain from this fitted model a set of values for \widehat, the residuals. Ordinary least squares constrains these so that their mean is 0 and so, given the assumption that their variance does not depend on the independent variables, an estimate of this variance can be obtained from the average of the squared values of the residuals. If the assumption is not held to be true, a simple model might be t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Breusch–Godfrey Test
In statistics, the Breusch–Godfrey test is used to assess the validity of some of the modelling assumptions inherent in applying regression-like models to observed data series. In particular, it tests for the presence of serial correlation that has not been included in a proposed model structure and which, if present, would mean that incorrect conclusions would be drawn from other tests or that sub-optimal estimates of model parameters would be obtained. The regression models to which the test can be applied include cases where lagged values of the dependent variables are used as independent variables in the model's representation for later observations. This type of structure is common in econometric models. The test is named after Trevor S. Breusch and Leslie G. Godfrey. Background The Breusch–Godfrey test is a test for autocorrelation in the errors in a regression model. It makes use of the residuals from the model being considered in a regression analysis, and a tes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Econometrics
Econometrics is the application of statistical methods to economic data in order to give empirical content to economic relationships.M. Hashem Pesaran (1987). "Econometrics," '' The New Palgrave: A Dictionary of Economics'', v. 2, p. 8 p. 8–22 Reprinted in J. Eatwell ''et al.'', eds. (1990). ''Econometrics: The New Palgrave''p. 1p. 1–34Abstract (2008 revision by J. Geweke, J. Horowitz, and H. P. Pesaran). More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference". An introductory economics textbook describes econometrics as allowing economists "to sift through mountains of data to extract simple relationships". Jan Tinbergen is one of the two founding fathers of econometrics. The other, Ragnar Frisch, also coined the term in the sense in which it is used today. A basic tool for econometrics is the multiple linear regression model. ''Econometric the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adrian Pagan
Adrian Rodney Pagan (born 12 January 1947 in Mungindi, Queensland) is an Australian economist and Professor of Economics in the School of Economics at the University of Sydney. From 1995 to 2000, he was a member of the board of the Reserve Bank of Australia. Career Pagan was educated at the University of Queensland, where he gained first class honours in Economics, and completed his PhD under Deane Terrell at the Australian National University in 1972. He has held visiting and permanent appointments at ANU and at a number of universities around the world including the University of Oxford, the University of Rochester, Princeton University, Yale University, Johns Hopkins University and the University of California at Los Angeles. Major contributions Pagan is known for work in time-series econometrics and hypothesis testing, notably including the Breusch–Pagan test for heteroscedasticity and other applications of the Lagrange multiplier test. His recent work has focused on ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leslie G
Leslie may refer to: * Leslie (name), a name and list of people with the given name or surname, including fictional characters Families * Clan Leslie, a Scottish clan with the motto "grip fast" * Leslie (Russian nobility), a Russian noble family of Scottish origin Places Canada * Leslie, Saskatchewan * Leslie Street, a road in Toronto and York Region, Ontario ** Leslie (TTC), a subway station ** Leslie Street Spit, an artificial spit in Toronto United States * Leslie, Arkansas *Leslie, Georgia *Leslie, Michigan * Leslie, Missouri * Leslie, West Virginia * Leslie, Wisconsin *Leslie Township, Michigan *Leslie Township, Minnesota Elsewhere * Leslie Dam, a dam in Warwick, Queensland, Australia * Leslie, Mpumalanga, South Africa * Leslie, Aberdeenshire, Scotland, see List of listed buildings in Leslie, Aberdeenshire * Leslie, Fife, Scotland, UK Other uses * Leslie speaker system * Leslie Motor Car company * Leslie Controls, Inc. * Leslie (singer) Leslie Bourgouin, bett ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Autocorrelation
Autocorrelation, sometimes known as serial correlation in the discrete time case, is the correlation of a signal with a delayed copy of itself as a function of delay. Informally, it is the similarity between observations of a random variable as a function of the time lag between them. The analysis of autocorrelation is a mathematical tool for finding repeating patterns, such as the presence of a periodic signal obscured by noise, or identifying the missing fundamental frequency in a signal implied by its harmonic frequencies. It is often used in signal processing for analyzing functions or series of values, such as time domain signals. Different fields of study define autocorrelation differently, and not all of these definitions are equivalent. In some fields, the term is used interchangeably with autocovariance. Unit root processes, trend-stationary processes, autoregressive processes, and moving average processes are specific forms of processes with autocorrelatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Econometrica
''Econometrica'' is a peer-reviewed academic journal of economics, publishing articles in many areas of economics, especially econometrics. It is published by Wiley-Blackwell on behalf of the Econometric Society. The current editor-in-chief An editor-in-chief (EIC), also known as lead editor or chief editor, is a publication's editorial leader who has final responsibility for its operations and policies. The highest-ranking editor of a publication may also be titled editor, managing ... is Guido Imbens. History ''Econometrica'' was established in 1933. Its first editor was Ragnar Frisch, recipient of the first Nobel Memorial Prize in Economic Sciences in 1969, who served as an editor from 1933 to 1954. Although ''Econometrica'' is currently published entirely in English, the first few issues also contained scientific articles written in French. Indexing and abstracting ''Econometrica'' is abstracted and indexed in: * Scopus * EconLit * Social Science Citation Inde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1950s Births
Year 195 ( CXCV) was a common year starting on Wednesday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Scrapula and Clemens (or, less frequently, year 948 ''Ab urbe condita''). The denomination 195 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Emperor Septimius Severus has the Roman Senate deify the previous emperor Commodus, in an attempt to gain favor with the family of Marcus Aurelius. * King Vologases V and other eastern princes support the claims of Pescennius Niger. The Roman province of Mesopotamia rises in revolt with Parthian support. Severus marches to Mesopotamia to battle the Parthians. * The Roman province of Syria is divided and the role of Antioch is diminished. The Romans annexed the Syrian cities of Edessa and Nisibis. Severus re-establish hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
