Showing papers by "T. W. Anderson published in 1991"
Journal Article•
TL;DR: In this article, the authors give some background to Haavelmo's innovations and tell of the early development of econometric methods in simultaneous equation models, including statistical inference involved and relations to other statistical problems.
Abstract: Trygve Haavelmo was awarded the 1989 Alfred Nobel Memorial Prize for Economic Science for his introduction of the probability approach to econometrics. This paper gives some background to Haavelmo's innovations and tells of the early development of econometric methods in simultaneous equation models. Emphasis is on the statistical inference involved and relations to other statistical problems and procedures.
22 citations
TL;DR: In this article, the problem of testing the dimension of the effect space is treated, and the test statistic is shown to have the same asymptotic null distribution as that for the balanced random effect model.
15 citations