Tuesday, May 15, 2012

A First Lesson in Econometrics

Just in case you haven't previously seen John Siegfried's 1970 piece in the JPE.......... (or here - thanks Dimitriy!)

(H-T to Jia Liu for reminding me of this.)

© 2012, David E. Giles

Re-Writing Economic History

Revisions to official economic statistics are a fact of life. They happen all of the time. Many data are released on a "provisional" basis, and subsequently revised. Sometimes these revisions are quite minor, but there are also times when they can be downright embarrassing.