Henri Theil’s Contributions to Economics and Econometrics

1. Front Matter

   Pages i-xxvi

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2. Introduction and Overview

   1. Front Matter

      Pages 1-1

      PDF

   2. Henri Theil’s Biography and his Contributions to Economics and Econometrics: An Overview

      • Baldev Raj

      Pages 3-16

   3. Professor Theil’s Contribution to Economics

      • Johan Koerts

      Pages 17-24

   4. Theil’s Citation Classics

      • Henri Theil

      Pages 25-28

   5. Theil’s Work History and Biographical Data

      • Baldev Raj, Johan Koerts

      Pages 29-37

   6. Theil’s Annotated Bibliography

      • Baldev Raj, Johan Koerts

      Pages 39-59

3. Econometric Theory and Methodology

   1. Front Matter

      Pages 61-61

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   2. Structural Equations

      1. Estimation and Simultaneous Correlation in Complete Equation Systems

         • Henri Theil

         Pages 65-107

      2. Estimation of Parameters of Econometric Models

         • Henri Theil

         Pages 109-116

      3. Some Recent Work of H. Theil on Estimation in Systems of Simultaneous Equations

         • Roy Radner, Francis Bobkoski

         Pages 117-125

      4. The Aggregation Implications of Identifiable Structural Macrorelations

         • Henri Theil

         Pages 127-145

      5. Three-Stage Least Squares: Simultaneous Estimation of Simultaneous Equations

         • Arnold Zellner, Henri Theil

         Pages 147-178

   3. Systems of Equations

      1. A Multinomial Extension of the Linear Logit Model

         • Henri Theil

         Pages 181-191

      2. Recent Methodological Advances in Economic Equation Systems

         • Henri Theil, Kenneth W. Clements

         Pages 193-213

      3. <i>L</i> _<i>p</i>-Norm Estimation of Non-Linear Systems

         • Henri Theil, Mercedes C. Rosalsky, Walter S. McManus

         Pages 215-218

   4. The Relationship Between Time Series Models and Economics Models

      1. The Final Form of Econometric Equation Systems

         • Henri Theil, J. C. G. Boot

         Pages 221-242

   5. Measuring Expectations from Business Opinion Surveys

      1. Results of a Survey on Entrepreneurial Behaviour Patterns

         • Henri Theil, W. Van Schaik

         Pages 245-279

      2. On the Time Shape of Economic Microvariables and the Munich Business Test

         • Henri Theil

         Pages 281-302

      3. Recent Experiences with the Munich Business Test: An Expository Article

         • Henri Theil

         Pages 303-313

PREFACE TO THE COLLECTION PREAMBLE The editors are pleased to present a selection of Henri Theil's contributions to economics and econometrics in three volumes. In Volume I we have provided an overview of Theil's contributions, a brief biography, an annotated bibliography of his research, and a selection of published and unpublished articles and chapters in books dealing with topics in econometrics. Volume IT contains Theil's contributions to demand analysis and information theory. Volume ITI includes Theil's contributions in economic policy and forecasting, and management science. The selection of articles is intended to provide examples of Theil's many seminal and pathbreaking contributions to economics in such areas as econometrics, statistics, demand analysis, information theory, economic policy analysis, aggregation theory, forecasting, index numbers, management science, sociology, operations research, higher education and much more. The collection is also intended to serve as a tribute to him on the occasion of his 67th birthday.! These three volumes also highlight some of Theil's contributions and service to the profession as a leader, advisor, administrator, teacher, and researcher. Theil's contributions, which encompass many disciplines, have been extensively cited both in scientific and professional journals. These citations often place Theil among the top 10 researchers (ranked according to number of times cited) in the world in various disciplines.

• Keynes
• Multiple Regression
• Operations Research
• Simulation
• calculus
• econometrics
• linear optimization
• statistics

• Wilfrid Laurier University, Waterloo, Canada

  Baldev Raj

• Erasmus University, Rotterdam, The Netherlands

  Johan Koerts

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