It is unlikely that any frontier of economics/econometrics is being
pushed faster, further than that of computational techniques. The
computer has become a tool for performing as well as an environment in
which to perform economics and econometrics, taking over where theory
bogs down, allowing at least approximate answers to questions that defy
closed mathematical or analytical solutions. Tasks may now be attempted
that were hitherto beyond human potential, and all the forces available
can now be marshalled efficiently, leading to the achievement of desired
goals.
Computational Techniques for Econometrics and Economic Analysis is a
collection of recent studies which exemplify all these elements,
demonstrating the power that the computer brings to the economic
analysts. The book is divided into four parts: 1 -- the computer and
econometric methods; 2 -- the computer and economic analysis; 3 --
computational techniques for econometrics; and 4 -- the computer and
econometric studies.