Henri Theil's Contributions to Economics and Econometrics :
General Material Designation
[Book]
Other Title Information
Volume II: Consumer Demand Analysis and Information Theory
First Statement of Responsibility
edited by Baldev Raj, Johan Koerts.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
Dordrecht
Name of Publisher, Distributor, etc.
Springer Netherlands
Date of Publication, Distribution, etc.
1992
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
(496 pages)
SERIES
Series Title
Advanced studies in theoretical and applied econometrics, 25.
CONTENTS NOTE
Text of Note
Of Volume II --; Three: Demand Analysis --; Section 3.1 Three Early Papers --; 34 Qualities, Prices and Budget Enquiries --; 35 Substitution, Complementarity, and the Residual Variation Around Engel Curves --; 36 The Information Approach to Demand Analysis --; Section 3.2 Index Numbers --; 37 Best Linear Index Numbers of Prices and Quantities --; 38 On the Geometry and the Numerical Approximation of Cost of Living and Real Income Indices --; 39 A New Index Number Formula --; Section 3.3 Modelling the Disturbances in Demand Systems --; 40 An Economic Theory of the Second Moments of Disturbances of Behavioral Equations --; 41 A Theory of Rational Random Behavior --; Section 3.4 The Econometries of Demand Systems --; 42 The Effect of Measurement Errors on the Estimation of Demand Systems --; 43 The Two Perils of Symmetry-Constrained Estimation of Demand Systems --; 44 A Simple and Efficient Estimation Method for a Non-Linear Demand System --; 45 The Independence Transformation: A Review and Some Further Explorations --; 46 The Independence Transformation under Almost Additivity --; Four: Information Theory --; Section 4.1 Demand Analysis --; 47 Budget Share Transitions in the Netherlands, 1952-1977 --; Section 4.2 Economic Inequality and International Comparisons --; 48 International Inequalities and General Criteria for Development Aid --; 49 International Comparisons of Prices and Quantities Consumed --; 50 Regional Per Capital Incomes and Income Inequalities: Point Estimates and Their Standard Errors --; 51 Inequality and Social Status in Successive Generations --; 52 World Income Inequality and its Components --; 53 The Development of International Inequality 1960-1985 --; Section 4.3 Applications in Econometrics --; 54 A Maximum Entropy Approach to the Specification of Distributed Lags --; 55 Information-Theoretic Measures of Fit for Univariate and Multivariate Linear Regressions --; Section 4.4 Input-Output Analysis --; 56 Linear Aggregation in Input-Output Analysis --; 57 The Information Approach to the Aggregation of Input-Output Tables --; 58 A Comparison of Shift-Share and the RAS Adjustment --; Section 4.5 Application in Business and Finance --; 59 On the Use of Information Theory Concepts in the Analysis of Financial Statements --; Section 4.6 Application in Social Sciences --; 60 The Desired Political Entropy --; 61 A Note on the Measurement of Racial Integration of Schools by Means of Informational Concepts.
SUMMARY OR ABSTRACT
Text of Note
These three volumes contain an account of Professor Henri Theil's distinguished career as a leader, advisor, administrator, teacher, and researcher in economics and econometrics. The books also contain a selection of his contributions in many areas, such as econometrics, demand analysis, information theory, forecasting, statistics, economic policy analysis and management science. To date he has contributed over 250 articles in refereed journals and chapters in books, and 15 books, three of which became citation classics. His books and articles have appeared in (and have been translated into) many languages, such as Polish, Russian, Dutch, English, French, German, Hungarian, Italian and Japanese. This collection provides excellent reference material to researchers and graduate students working in a variety of disciplines, such as econometrics, economics, management science, operations research, and statistics. Moreover, Professor Theil's career serves as a role model for younger generations of scholars, both in terms of his approach to research and his commitment to his profession. Professor Theil's distinguished career as an academic began in 1953 when he was appointed Professor of Econometrics at the Netherlands School of Economics in Rotterdam (now Erasmus University). Three years later he founded the Econometric Institute in Rotterdam and served as its first director until 1966, when he accepted a joint appointment at the Graduate School of Business and Department of Economics, University of Chicago, U.S.A. In 1981, Theil was appointed to the McKethan-Matherly Eminent Chair at the Graduate School of Business Administration of the University of Florida in Gainesville. Theil has received many international honours including four honorary degrees.