Learn about econometrics, including how it uses statistical models and data analysis to test economic theories, forecast ...

Lawrence Klein, the University of Pennsylvania economist who won the 1980 Nobel Prize for his computer-based models that help governments forecast the future and act accordingly, died Sunday at his ...

Nonparametric estimation has become indispensable in modern econometrics, offering a flexible alternative to parametric models by avoiding prespecified functional forms and distributional assumptions.

The global financial crisis, triggered by the subprime mortgage problem and resulting in the collapse of a major American investment bank in September 2008, has seriously affected the Japanese economy ...