PhD level books

[artuj2009]

Did anyone of you study econometrics with R. Davidson and J.G. MacKinnon : Econometric Theory and Methods ??? What about the level of this book compared to the Greene "Econometric Analysis" ? Thanks

[gbea]

Davidson and MacKinnon is comparable with Greene.
Having used it, I am not sure it would be my top recommendation though.

[darko.exe]

I believe that Davidson and MacKinnon's book is in a higher level that Greene's book.

[unitroot]

As far as econometrics goes, I would say that Goldberger and Hayashi (in this order), are actually great for self study. Both are kinds of books I enjoy reading on my own. For time series, Hamilton's book is ok as well.

Other econometrics books, like Greene and some others are frighteningly thick and contain lots of excursions into advanced and optional topics, making them more of a good reference than a self-study aid.

For Microeconomics, Reny and Jehle is a kind of package that you may try to read on your own, or use as an aid/reference to MWG (it was meant to cover only 1st year topics that all fit into a 2 semester course, and so it's not as thick as MWG).

[^__^]

Davidson and MacKinnon is pretty good, (best econometrics text i ve come acrossed) I began reading it with no econometrics and a little statistics background, but with some mathematics.

I only read the first few sections, the authors really want one to understand the least square framework (Of course, they have to consider for a broader audience, it would be nice if they can assume everyone knows Linear Algebra really well, some Hilbert Space and Fubini's theorem), so they teach at a higher level. But I think folks with good maths background can benefit a lot from this approach.

[treblekicker]

for what it's worth, we're using:

acemoglu
mwg
corbae et al
bierens

[Ibid]

Originally Posted by asianeconomist

Acemoglu's new book on Growth is quite good for a broad coverage on growth models.

I agree entirely.

Originally Posted by Gecko

I would recommend the book by Acemoglu, "Introduction to Economic Growth", as its very comprehensive as a primer for the different models on growth.

I agree entirely.

Originally Posted by treblekicker

for what it's worth, we're using:

acemoglu

I agre... nevermind.

corbae et al

Which one? With or without Durlauf?

BTW folks if you don't mind the paper being of a slightly lower quality and waiting a couple weeks for delivery, you can pick up a new copy of Mas-Colell from India on Abebooks: abebooks.com/servlet/SearchResults?an=Mas-Colell&sts=t&tn=microeconomic+theory&x=55&y=12

[treblekicker]

corbae, stinchcombe, and zeman

it's a fantastic reference, but the breadth is far too great, there is a lack of attention to pedagogy, and it feels disjoint. so it may not be the best text to learn from, but it contains nearly every mathematical concept an economist would need to know.

also, for what it's worth, we don't follow mwg that closely (omit producer theory, take a much more abstract approach to consumer theory, and spend an entire chapter on supermodularity). the lecture notes for this class can be found here. there are mistakes scattered throughout -- though nowhere as bad as the mwg solution manual -- but these are absolutely fantastic notes for any first semester in a micro sequence.