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Econometric Modeling provides a new and stimulating introduction to econometrics, focusing on modeling. The key issue confronting empirical economics is to establish sustainable relationships that are both supported by data and interpretable from economic theory. The unified likelihood-based approach of this book gives students the required statistical foundations of estimation and inference, and leads to a thorough understanding of econometric techniques. David Hendry and Bent Nielsen introduce modeling for a range of situations, including binary data sets, multiple regression, and cointegrated systems. In each setting, a statistical model is constructed to explain the observed variation in...
Translations of the Yi jing into western languages have been biased towards the yili ('meaning and pattern') tradition, whereas studies of the xiangshu ('image and number') tradition - which takes as its point of departure the imagery and numerology associated with divination and its hexagrams, trigrams, lines, and related charts and diagrams - has remained relatively unexplored. This major new reference work is organised as a Chinese-English encyclopedia, arranged alphabetically according to the pinyin romanisation, with Chinese characters appended. A character index as well as an English index is included. The entries are of two kinds: technical terms and various other concepts related to the 'image and number' tradition, and bio-bibliographical information on Chinese Yi jing scholars. Each entry in the former category has a brief explanation that includes references to the origins of the term, cross-references, and a reference to an entry giving a more comprehensive treatment of the subject.
Despite its enduring popularity both in China and worldwide, the Yijing is often poorly understood. As a divinatory text, it has a devoted following in the western hemisphere, even as it represents a foundational text of both Confucianism and Daoism. A fascination with the Yijing has been evident among western scholars since the Enlightenment, as well as in notable modern literary and artistic figures. This book provides an introduction for the general reader to this classic sacred text. Joseph A. Adler explains its multi-layered structure, its origins, its history of interpretation from the early first millennium BCE up to the present day, its function of divination, its significance in the history of Chinese thought, and its modern transformations. He explores why the Yijing has been considered the most profound expression of traditional Chinese thought and what meaning it can have for contemporary readers.
Concise, engaging, and highly intuitive--this accessible guide equips you with an understanding of all the basic principles of forecasting Making accurate predictions about the economy has always been difficult, as F. A. Hayek noted when accepting his Nobel Prize in economics, but today forecasters have to contend with increasing complexity and unpredictable feedback loops. In this accessible and engaging guide, David Hendry, Michael Clements, and Jennifer Castle provide a concise and highly intuitive overview of the process and problems of forecasting. They explain forecasting concepts including how to evaluate forecasts, how to respond to forecast failures, and the challenges of forecasting accurately in a rapidly changing world. Topics covered include: What is a forecast? How are forecasts judged? And how can forecast failure be avoided? Concepts are illustrated using real-world examples including financial crises, the uncertainty of Brexit, and the Federal Reserve's record on forecasting. This is an ideal introduction for university students studying forecasting, practitioners new to the field and for general readers interested in how economists forecast.
Coping with the Future: Theories and Practices of Divination in East Asia offers insights into various techniques of divination, their evolution, and their assessment. The contributions cover the period from the earliest documents on East Asian mantic arts to their appearance in the present time. The volume reflects the pervasive manifestations of divination in literature, religious and political life, and their relevance for society and individuals. Special emphasis is placed on cross-cultural influences and attempts to find theoretical foundations for divinatory practices. This edited volume is an initiative to study the phenomena of divination across East Asian cultures and beyond. It is also one of the first attempts to theorize divinatory practices through East Asian traditions.
The research in this book examines the issue of professional salvor's liability for damage caused due to negligent performance of salvage services. Analysis is focused on the relevant international law (1989 Salvage Convention, 1976 LLMC Convention, and the 1992 CLC Convention), the (professional) liability provisions of the chosen number of jurisdictions (England/Wales, Germany, France, and the US), the standard salvage contract forms, the standard of care, the relevant salvage case law, the sanctions for poor or non-performance, and the methods of calculating the limitation of liability. (Series: Writings on Maritime and Port Law / Schriften zum See- und Hafenrecht - Vol. 20)
For several months in 1943, seven young airmen, all volunteers, were moulded into an RAF crew tasked with undertaking perilous operations over Occupied Europe. Drawn together from England, Argentina, and Canada, the crew, led by their captain, Flight Lieutenant Peter Bartter, were assigned to 138 (Special Duties) Squadron, based at RAF Tempsford. It was there that they flew low, over dangerous territory to deliver agents and equipment to aid the Resistance in Occupied Europe. When the Allies opened new fronts in North Africa and Italy, Bartters crew was seconded for some weeks to 624 Squadron flying from Blida in Algeria and Protville in Tunisia. On their return to the UK, they had the add...
The Polish crisis in the early 1980s provoked a great deal of reaction in the West. Not only governments, but social movements were also touched by the establishment of the Iindependent Trade Union Solidarnosc in the summer of 1980, the proclamation of martial law in December 1981, and Solidarnosc's underground activity in the subsequent years. In many countries, campaigns were set up in order to spread information, raise funds, and provide the Polish opposition with humanitarian relief and technical assistance. Labor movements especially stepped into the limelight. A number of Western European unions were concerned about the new international tension following the Soviet invasion of Afghani...
Economics is a science that can contribute substantial powerful and fresh insights! This book collects essays by leading academics that evaluate the scholarly importance of contemporary economic ideas and concepts, thus providing valuable knowledge about the present state of economics and its progress. This compilation of short essays helps readers interested in economics to identify 21st century economic ideas that should be read and remembered. The authors state their personal opinion on what matters most in contemporary economics and reveal its fascinating and creative sides.