Background
Leamer, Edward Emery was born on May 24, 1944 in Louisiana Crosse, Wisconsin, United States. Son of Laurence Eugene and Helen Mae (Burkey) Leamer.
(Offers a radically new approach to inference with nonexpe...)
Offers a radically new approach to inference with nonexperimental data when the statistical model is ambiguously defined. Examines the process of model searching and its implications for inference. Identifies six different varieties of specification searches, discussing the inferential consequences of each in detail.
http://www.amazon.com/gp/product/0471015202/?tag=2022091-20
( This distinctive book sets forth, on an advanced level...)
This distinctive book sets forth, on an advanced level, various methods for the quantitative measurement of important relationships at issue in areas of the balance of payments and international trade and welfare. The results achieved in recent studies are presented and the directions for new research are indicated. This book is composed of two main parts. Part I deals with the balance of payments and consists of the first half of the book. One of the longest and almost important chapters of this part talks about, at length the time-series analysis of the demand for imports and exports from the point of view of an individual country. This subject has a long and somewhat checkered history dating from the 1940's, when a number of estimates using least squares multiple regression methods were made of import and export demand functions for the interwar period. The noteworthy feature of many of these estimates was that they suggested relatively low price elasticities of demand in international trade. The implication was thus drawn that the international price mechanism could not be relied on for balance-of payments adjustment purposes. This book talks about the topics of theory and measurement of the elasticity of substitution in international trade, estimating the international capital movements, and forecasting and policy analysis with econometric models. Part II deals with international trade and welfare. While, there are many other books dealing with trade theory, this title focuses on a narrower range of topics that are not always mentioned or understood by individuals, such as the theory and measurement of trade dependence and interdependence, the analysis of the component factors a country has that affects how its export growth is over time, and the welfare effects of trade liberalization This book serves as a guide and reference work for economics graduate students, academicians, and practicing economists in private and governmental circles. They will find this book a valuable and highly useful. Edward E. Leamer is Chauncey J. Medberry Professor of Management at the UCLA department of Economics. He is a research associate at the National Bureau of Economic Research, a fellow at the American Academy of Arts and Sciences and the Econometric Society, and director of the UCLA Anderson Forecast. He has published over 100 articles and 4 books. Robert M. Stern is Professor emeritus of Economics and Public Policy at The University of Michigan, Ann Arbor. He is the co-director of the Research Seminar in International Economics at the Gerald R. Ford School of Public Policy. He is also head of the Ford School International Concentration and the Ford school program of research on U.S. Japan international economic relations.
http://www.amazon.com/gp/product/0202308715/?tag=2022091-20
(This is the first book to present a clear empirical pictu...)
This is the first book to present a clear empirical picture of the international exchange of goods and of the resources that account for the exchanges that occur.
http://www.amazon.com/gp/product/0262121077/?tag=2022091-20
Leamer, Edward Emery was born on May 24, 1944 in Louisiana Crosse, Wisconsin, United States. Son of Laurence Eugene and Helen Mae (Burkey) Leamer.
Bachelor of Arts (Mathematics) Princeton University, 1966. Master of Arts (Mathematics), Doctor of Philosophy University Michigan, 1969, 1970.
Assistant Professor, Wayne State University, 1970. Assistant Professor, Harvard University, 1970-1973. Association Professor, Harvard University,
5.
Visiting Professor, University Southern California, 1979-1980.
Professor of Economics, University of California, Los Angeles, California, United States of America, Los Angeles, California, United States of America, since 1975. Editorial Boards, Review of Economics and Statistics,
, Quarterly Journal of Economics, 1970-1975, Journal of the American Statistical Association, 1975-1979, Econometrica, 1975-1979.
Journal of International Economics, 1980.
( This distinctive book sets forth, on an advanced level...)
(This is the first book to present a clear empirical pictu...)
(Offers a radically new approach to inference with nonexpe...)
In a series of
papers, and most especially in my book (Number. 2), I have offered a distinctive perspective on econometric methodology. The wellspring of these ideas is the intellectual discord between econometric theory and econometric practice.
In a general sense, econometric theory assumes a fully specified model, but the extensive model searching that is a characteristic of almost all applications constitutes a clear rejection of this assumption. Initially, I sought to identify the reasons for these specification searches, and to construct proper statistical theory to carry out the legitimate intentions of practitioners. Since the publication of my book I have concentrated on what I call global sensitivity analysis.
A statistical inference requires a list of assumptions that identify a sampling distribution and possible a priori distributions. Because it is impossible to select these assumptions with complete confidence, it is necessary to perform a sensitivity analysis and to discard inferences that are excessively fragile. In a global sensitivity analysis a range of assumptions is selected, and the corresponding range of inferences is identified.
If, in order to obtain a usefully narrow range of inferences, it is necessary to select an incredibly narrow range of assumptions, then inference from the given data set is suspended.
I have also had continuing interest in empirical work on the micro side of
international trade which began when I was writing International Economics with Robert Stern. I have written a couple of papers that point out the lack of a foundation in economic theory of empirical testing of the Heckscher-Ohlin model. Most notably I have shown that the Leontif paradox is a simple conceptual misunderstanding.
In addition, my book (Number. 3) contains an empirical analysis of international trade dependence. This book illustrates my main message: convincing empirical work requires a solid theoretical foundation and extensive sensitivity analysis.
Fellow: Econometric Society, American Academy Arts and Sciences. Member: American Economic Association.
Married Cheryl Ann Knowles, August 13, 1966 (divorced January 1974). Children: Stephanie Joy, Abigail Marie. Married Marjorie Ann Drucker, July 25, 1976 (divorced 1986).
1 child Michael Drucker.