An Introduction to Econometric Theory

A GUIDE TO ECONOMICS, STATISTICS AND FINANCE THAT EXPLORES THE MATHEMATICAL FOUNDATIONS UNDERLING ECONOMETRIC METHODS An Introduction to Econometric Theory offers a text to help in the mastery of the mathematics that underlie econometric methods and includes a detailed study of matrix algebra and distribution theory.Designed to be an accessible resource, the text explains in clear language why things are being done, and how previous material informs a current argument.The style is deliberately informal with numbered theorems and lemmas avoided.However, very few technical results are quoted without some form of explanation, demonstration or proof. The author-a noted expert in the field-covers a wealth of topics including: simple regression, basic matrix algebra, the general linear model, distribution theory, the normal distribution, properties of least squares, unbiasedness and efficiency, eigenvalues, statistical inference in regression, t and F tests, the partitioned regression, speci