A Comment on Siegfried's First Lesson in Econometrics
5 Pages Posted: 18 Apr 2013
Abstract
In an insightful, and delightfully short, paper that was published in the Journal of Political Economy in 197'8 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.
Keywords: Econometrics, Education, Methodology
JEL Classification: A20, C01, C10
Suggested Citation: Suggested Citation
Eldridge, Damien Sean, A Comment on Siegfried's First Lesson in Econometrics. Available at SSRN: https://ssrn.com/abstract=2253103 or http://dx.doi.org/10.2139/ssrn.2253103
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