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Edward Leamer

 

EDWARD LEAMER: On Econometrics in the Basement, the Bayesian Approach, and the Leamer-Rosenthal Prize

(THIS BLOG IS REPOSTED FROM THE BITSS WEBSITE) I became interested in methodological issues as a University of Michigan graduate student from 1967 to 1970, watching the economics faculty build an econometric macro model in the basement of the building (The Michigan Model), and comparing how these same faculty members described what they were doing when they taught econometric theory on the top floor of the building.

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