Tuesday, August 19, 2008

Asking questions about econometrics (dedicated to MB)

From Peter Kennedy's A Guide to Econometrics (page 391) : "Econometricians experience this regularly when colleagues or students stop by for advice, prefacing their request with words to the effect that they do not want to take up much of the econometrician’s time so they will explain just the technical detail with which they want help. Acquiescing to this is usually a mistake because more often than not asking simple questions about the context of the problem brings to light serious misunderstandings."
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