Library

Home > Library > Econometric theory and evidence in practice

Econometric theory and evidence in practice

Author Andy Yeh Alpha

This book provides many useful mathematical exercises in graduate econometric theory and practice. Many quantitative exercises, examples, codes, and solutions draw from the collective wisdom of major econometric books by Greene, Hamilton, Hayashi, White, and Wooldridge etc. The reader can benefit from these solutions with many mathematical equations and notations to become familiar with the core curriculum for econometric theory and practice. The main topics cover (non)linear least squares theory, quasi-maximum likelihood estimation, minimax estimation, financial time-series econometric theory (ARMA-GARCH, ARMA-EGARCH, and ARMA-GJR-GARCH), generalized method of moments (GMM) with exogenous instrumental variables, panel data estimation with endogeneity and unobservable heterogeneity, binary response model estimation (i.e. probit and logit), multinomial response model estimation (conditional logit and Berry-Levinsohn-Pakes random-coefficients mixed logit), Tobit model estimation with corner solutions, Heckman sample selection model estimation, and so forth.

Description:

This book provides many useful mathematical exercises in graduate econometric theory and practice. Many quantitative exercises, examples, codes, and solutions draw from the collective wisdom of major econometric books by Greene, Hamilton, Hayashi, White, and Wooldridge etc. The reader can benefit from these solutions with many mathematical equations and notations to become familiar with the core curriculum for econometric theory and practice. The main topics cover (non)linear least squares theory, quasi-maximum likelihood estimation, minimax estimation, financial time-series econometric theory (ARMA-GARCH, ARMA-EGARCH, and ARMA-GJR-GARCH), generalized method of moments (GMM) with exogenous instrumental variables, panel data estimation with endogeneity and unobservable heterogeneity, binary response model estimation (i.e. probit and logit), multinomial response model estimation (conditional logit and Berry-Levinsohn-Pakes random-coefficients mixed logit), Tobit model estimation with corner solutions, Heckman sample selection model estimation, and so forth.

 

This analytic ebook cannot constitute any form of financial advice, analyst opinion, recommendation, or endorsement. We refrain from engaging in financial advisory services, and we seek to offer our analytic insights into the latest economic trends, stock market topics, investment memes, and other financial issues. Our proprietary alpha investment algorithmic system helps enrich our AYA fintech network platform as a new social community for stock market investors: https://ayafintech.network.

 

We share and circulate these informative posts and essays with hyperlinks through our blogs, podcasts, emails, social media channels, and patent specifications. Our goal is to help promote better financial literacy, inclusion, and freedom of the global general public. While we make a conscious effort to optimize our global reach, this optimization retains our current focus on the American stock market.


This ebook shares new economic insights, investment memes, and stock portfolio strategies through both blog posts and patent specifications on our AYA fintech network platform. AYA fintech network platform is every investor's social toolkit for profitable investment management. We can help empower stock market investors through technology, education, and social integration.

 

Blog+More

Stock Synopsis: With a new Python program, we use, adapt, apply, and leverage each of the mainstream Gemini Gen AI models to conduct this comprehensive fundamental analysis of IBM (International Business Machines) (U.S. stock symbol: $IBM).

Laura Hermes

2025-10-11 14:33:00 Saturday ET

Stock Synopsis: With a new Python program, we use, adapt, apply, and leverage each of the mainstream Gemini Gen AI models to conduct this comprehensive fundamental analysis of IBM (International Business Machines) (U.S. stock symbol: $IBM).

Stock Synopsis: With a new Python program, we use, adapt, apply, and leverage each of the mainstream Gemini Gen AI models to conduct this comprehensive fund

+See More

Many young and mid-career Americans fall into the financial distress trap in rural communities.

John Fourier

2019-08-01 11:33:00 Thursday ET

Many young and mid-career Americans fall into the financial distress trap in rural communities.

Many young and mid-career Americans fall into the financial distress trap in rural communities. A recent analysis of 25,800 zip codes for 99% of the U.S. po

+See More

Federal Reserve normalizes the current interest rate hike to signal its own independence from the White House.

Apple Boston

2019-01-08 17:46:00 Tuesday ET

Federal Reserve normalizes the current interest rate hike to signal its own independence from the White House.

President Trump forces the Federal Reserve to normalize the current interest rate hike to signal its own monetary policy independence from the White House.

+See More

Bill Gates and Warren Buffett shared their best business decisions in a 1998 panel discussion.

Laura Hermes

2017-11-13 07:42:00 Monday ET

Bill Gates and Warren Buffett shared their best business decisions in a 1998 panel discussion.

Top 2 wealthiest men Bill Gates and Warren Buffett shared their best business decisions in a 1998 panel discussion with students at the University of Washin

+See More

The Chinese new star board launches for tech firms to list at home.

Daphne Basel

2019-07-09 15:14:00 Tuesday ET

The Chinese new star board launches for tech firms to list at home.

The Chinese new star board launches for tech firms to list at home. The Nasdaq-equivalent new star board serves as a key avenue for Chinese tech companies t

+See More

Modern themes and insights in behavioral finance (Part 1)

Laura Hermes

2022-02-05 09:26:00 Saturday ET

Modern themes and insights in behavioral finance (Part 1)

Modern themes and insights in behavioral finance   Shiller, R.J. (2003). From efficient markets theory to behavioral finance. Journal of Economi

+See More