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As a student of econometrics, I have benefited from reading Johnston (1984), Kmenta (1986), Theil (1971), Klein (1974), Maddala (1977), and Judge, et al. (1985), to mention a few. Elements of econometrics by Kmenta, Jan and a great selection of similar Used, New and Collectible Books available now at AbeBooks.com. Elements of Econometrics Jan Kmenta - AbeBooks abebooks.com Passion for books. Solutions Manual Elements Of Econometrics Jan Manual Elements Of Econometrics Jan Kmenta. Library Download Book (PDF and DOC) Bartle R Real Analysis Solution Manual Self. EBooks Solutions Manual To Econometrics Jan Kmenta is available in formats such as PDF, DOC and ePUB which you can directly download and save.

Canon lbp 3200 printer driver for windows 7 64 bit download. Jan Kmenta (January 3, 1928 – July 24, 2016) was a Czech-American economist. He was the Professor Emeritus of Economics and Statistics at the University of Michigan and Visiting Professor at CERGE-EI in Prague, until summer 2016.

Academic positions and awards[edit]

After earning his PhD in Economics with a minor in Statistics from Stanford under Kenneth Arrow in 1964,^[2] Kmenta held academic positions at the University of Wisconsin 1964–65, Michigan State University 1965–73, and the University of Michigan 1973-93 (emeritus 1993-2016) and was a visiting faculty member at universities in five countries. Kmenta received 24 academic honors, awards, and prizes during his career, beginning with being made a fellow of the American Statistical Association in 1970 and a fellow of the Econometric Society in 1980, and stretching through 2010 when he received the NEURON Award for Lifetime Achievement in Economics.^[3]

This book is intended for a first year graduate course in econometrics. However, the first six chapters have no matrix algebra and can be used in an advanced undergraduate class. This can be supplemented by some of the. (1986), Elements of Econometrics, 2nd.

Jan Kmenta's 'Elements of Econometrics' is a must read for all students of economics. It is a valuable reference guide which serves as an introduction to statistical regression methods that are used in economic modeling. Books solutions manual for kmenta elements of econometrics (PDF, ePub, Mobi) Page 1. Title: Free Solutions Manual For Kmenta Elements Of Econometrics (PDF, ePub, Mobi).

Econometric work[edit]

Kmenta wrote extensively on econometric model building as well as econometric methods. He edited two books with James B. Ramsey: Evaluation of Econometric Models and Large Scale Macro-Econometric Models: Theory and Practice and is the author of at least 34 ^[4] published econometrics papers. A wide-ranging econometrician, his papers analyze topics as disparate as small sample properties of estimators, missing observations, estimation of production function parameters, and ridge regression among many others.^[5] Much of his published research is focused on econometric issues that are relevant in areas far beyond economics. As a result, his work is referenced in publications in medicine, political science, insurance underwriting, antitrust litigation, and energy issues, to list but a few. For example, the early (1966) 'Specification and Estimation of Cobb-Douglas Production Function Models' with Arnold Zellner and Jacques Drèze has been cited by research as different as family involvement effects on firm productivity and devising fishing gears with reduced environmental effects.Kmenta's 'General Procedure for Obtaining Maximum Likelihood Estimates in Generalized Regression Models' (with W. Oberhofer) formally established conditions for validity of the iterative estimation method most widely used in econometrics today, while his simplified estimation of the constant elasticity of substitution constant elasticity of substitution production function both gave 'the nascent field of industrial organization a new set of powerful tools for studying firm efficiency'^[6] and has been used to analyze the cost of network infrastructure,^[7] among many other applications.Kmenta has made multiple other contributions incorporated into the core of econometrics.

There is no doubt, however, that he is best known to the general economics profession around the world for his internationally acclaimed textbook, Elements of Econometrics (titled after Euclid's Elements) which was first published in 1971 and extensively revised in a 1986 second edition. Having been published in Spanish, Portuguese, Persian, and Croatian over the years, it is still available in English today.^[8]Initially econometrics was centered on providing essentially standalone solutions to particular problems e.g., a useful analytically and econometrically tractable production function such as the Cobb-Douglas, a formal development of the computationally expedient iterative estimation procedure, and a simple way to estimate the parameters of a mathematically complex function (to characterize the Cobb-Douglas, generalized regression, and CES publication examples cited above). As econometrics matured from a collection of clever solutions for specific problems into its own major field of research, econometricians worked to integrate what was known into a systematic whole greater than the sum of its parts. In addition to listing what might be called well-solved problems, they made explicit the implied assumptions underlying them, what can be said if the assumptions are not logically valid, and how to obtain useful results in these cases.With his focus on econometrics and a strong background in mathematics and statistics Kmenta was a major contributor to this effort. The book embodies the essence of Kmenta's approach to both econometrics and statistics which is perhaps best – if informally—characterized as 'It's all very easy once you really understand it – don't bother memorizing anything, just do the algebra and think about what you are doing and why. Keep things as simple as possible.'

Early life[edit]

In addition to the requisite ability and intelligence, Kmenta's success is a testament to drive and perseverance.^[9] He was a student of statistics at the Czech Technical University in Prague during the 1948 communist coup in Czechoslovakia. After an adventurous escape in September 1949 he spent more than a year in various refugee camps in West Germany before managing to emigrate to Australia in December 1950.^[9] Australia was in search of people who would commit to “indentured labour” for two years. The Munich immigration office featured a large poster showing a husky man carrying a bundle of sugar cane with the proclamation “Australia: there is a man’s job for you” thus making it clear that what was wanted were muscles and not brains. Kmenta was assigned to breaking rocks in a stone quarry in Picton (near Sydney). This was a task at which he excelled, managing to get himself fired even in a time of extreme labor shortage so that he could attempt to continue his education. He went to Sydney and met a professor at the Technical College in Ultimo who tested Kmenta's statistics training and immediately hired him to do statistical calculations. But the employment officer in Sydney would not allow an emigrant to have a job like that and instead sent him to a metal-stamping plant in Balmain. After learning English in less than a year by listening to the radio and puzzling through newspapers with an English/Czech dictionary Kmenta succeeded in obtaining a job emptying and steam-boiling bed pans in a tuberculosis hospital in Randwick. Sydney University was offering evening courses mainly but not exclusively for servicemen in which Kmenta managed to enroll. On the Sydney University campus ethnicity and accent were of no relevance – all that mattered was one's capability of learning and enjoying the life of the mind. There were several Czechs taking classes, all working during the day to survive. Professor Charles Birch made them feel welcome and advised them regarding administrative procedures for admission to the university and similar matters.^[10]

From such a tenuous beginning Jan Kmenta received his Bachelor of Economics degree with a minor in Statistics with First Class Honors from the University of Sydney in 1955. He won a Fulbright Scholarship, made his way to the United States and graduated from Stanford University with a Ph.D. in Economics and a minor in Statistics in 1964. At Stanford he was exposed to professors like Kenneth Arrow and Arthur Goldberger who were developing a rigorous approach to economics and econometrics that shaped the rest of his life, and many of his students’ lives as well.

Personal life[edit]

He was married to award-winning Australian filmmaker Barbara Chobocky.^[11]

Kmenta died on July 24, 2016.^[12]

Selected works[edit]

• Zellner, Arnold; Kmenta, Jan; Drèze, Jacques (1966). 'Specification and Estimation of Cobb–Douglas Production Function Models'. Econometrica 34 (4): 784–795. JSTOR1910099.
• Kmenta, Jan (1967). “On Estimation of the CES Production Function” International Economic Review 8 (2) available on http://deepblue.lib.umich.edu/bitstream/handle/2027.42/91902/Kmenta-Estimation_CES_Production_Function.pdf?sequence=1
• Kmenta, J.; Gilbert, R (1968). “Small Sample Properties of Alternative Estimators of Seemingly Unrelated Regressions” Journal of the American Statistical Association 1180-1200.
• Kmenta, J.; Gilbert, R (1970). “Estimation of Seemingly Unrelated Regressions with Autoregressive Disturbances, Journal of the American Statistical Association 186-197.
• Kmenta, J. (1971, revised ed. 1986). Elements of Econometrics. New York: Macmillan. (Original edition also available in Spanish, Portuguese, Persian, and Croatian)
• Kmenta, J.: Kreinin, M.E., Ramsey, J.B. (1971). “Factor Substitution and Effective Protection Reconsidered” American Economic Review 61: 891-900.
• Kmenta, J.; Oberhofer, W. (1973). “Estimation of Standard Errors of the Characteristic Roods of Dynamic Econometric Models” Econometrica 41: 171-177.
• Kmenta, J.; Smith, P.E. (1973). “Autonomous Expenditures versus Money Supply: An Application of Dynamic Multipliers” Review of Economics and Statistics 55: 229-307.
• Kmenta, Jan; Oberhofer, W. (1974)“General Procedure for Obtaining Maximum Likelihood Estimates in Generalized Regression Models” Econometrica 42: 572-590 available on http://deepblue.lib.umich.edu/handle/2027.42/91915
• Kmenta, J.; Benus, J.; Shapiro, H. (1976). “The Dynamics of Household Budget Allocation to Food Expenditures” Review of Economics and Statistics 58: 129-138.
• Kmenta, J.; Ramsey, James B., eds. (1981). Large-Scale Macro-Econometric Models: Theory and Practice. New York: North-Holland. ISBN0-444-86295-1.
• Kmenta, Jan, Lin, Karl (1982). “Ridge Regression Under Alternative Loss Criteria” Review of Economics and Statistics 64: 488-494.
• Kmenta, Jan, Doran, H. E. (1986). “A Lack-of-fit Test for Econometric Applications to Cross-section Data” Review of Economics and Statistics 68: 346-350.
• Kmenta, J., Marikova, E.M. (1987). “On the Similarity of Macro-Econometric Models of Market and Planned Economies: The First Models of Czechoslovakia” Comparative Economic Studies 29.
• Keener, Robert W.; Kmenta, Jan; Weber, Neville C. (1991). 'Estimation of the Covariance Matrix of the Least-Squares Regression Coefficients When the Disturbance Covariance Matrix Is of Unknown Form' Econometric Theory7 (1): 22–45. doi:10.1017/S0266466600004229.
• Kmenta, J., interviewed by Lodewijks, J. (2005). “The ET Interview: Professor Jan Kmenta” Econometric Theory 21: 621-664.
• Kmenta, J. (2010). “Econometrics: A Failed Science?” International Encyclopedia of Statistical Science Springer Verlag.

References[edit]

1. ^'Jan Kmenta: Goals and Perseverance'
2. ^Mathematics Genealogy Project http://www.genealogy.ams.org/id.php?id=187396
3. ^Jan Kmenta - Curriculum Vitae https://www.cerge-ei.cz/pdf/people/Kmenta.pdf
4. ^ResearchGate http://%5Bhttp^{[permanent dead link]}://www.researchgate.net/profile/Jan_Kmenta/publications/2%20%5D
5. ^From references at ResearchGate https://www.researchgate.net/profile/Jan_Kmenta/citations
6. ^CERGE-EI (direct quotation)
7. ^Ohio State University dissertation at
8. ^(In 2015) https://www.press.umich.edu/15701/elements_of_econometrics University of Michigan press
9. ^ ^abSee especially 'Jan Kmenta: Goals and Perseverance' on the CERGE-EI Blog at https://blog.cerge-ei.cz/?p=1227
10. ^Sources: CERGE-EI Blog, conversations and email correspondence over the years, and “First Steps in Australia” (Jan Kmenta, unpublished)
11. ^http://www.screenaustralia.gov.au/find-a-film/detailrole.aspx?pid=3706&name=Barbara-A.-Chobocky
12. ^'Prof. Jan Kmenta Passed Away'. CERGE-EI. 25 July 2016.

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