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Harvard. Graduate econometrics, first semester. Houthakker and Vanek, 1962

The transcription of the following partial (?) course syllabus was shared with Economics in the Rear-view Mirror by Vincent Carret, a doctoral candidate at Université Lumiere Lyon 2, Faculté des Sciences Économiques et de Gestion (FSEG). 

Perhaps there are others who would like to contribute to this project with the contribution of a transcription? If so, leave a comment below for me to get in touch with you.

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Course Announcement
1962-63

Economics 224a. Econometric Methods, I

Half course (fall term). W., F., 2-3:30. Professor [Hendrik] Houthakker and Assistant Professor [Jaroslav] Vanek.

An introduction to the use of multivariate statistical analyses in the study of economic behavior, with special emphasis on budgetary and other individual decision unit data.

Prerequisite: Economics 221[Quantitative Methods, II] or equivalent.

Source: Harvard University.  Courses of Instruction for Harvard and Radcliffe, Faculty of Arts and Sciences, 1962-1963, p. 105.

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Econometric Methods I
Economics 224a

Professors Houthakker and Vanek

Reading List #1                                                               Fall 1962

I. General References

Klein L., Introduction to Econometrics, (elementary)

Klein, L., A Textbook of Econometrics (advanced)

II. Household Consumption

Allen, R. G. D. and Bowley, A. L., Family Expenditures; a Study of its Variation, 1935

Prais, S. J. and Houthakker, H. S., The Analysis of Family Budgets, 1955

Houthakker, H. S., “An International Comparison of Household Expenditure Patterns….,” Econometrica, October 1957

Friedman, M., A Theory of the Consumption Function, 1957

Kuh, E. and Meyer, J., “How Extraneous are Extraneous Estimates?” Review of Economics and Statistics, November 1957

Kuh, E. and Meyer, J., “Correlation and Regression Estimates When the Data are Ratios,” Econometrica, April 1959

Kuh, E., “The Validity of Cross-Sectionally Estimating Behavior Equations in True Series Applications,” Econometrica, April 1959

Friend, I. and Jones, R., Study of Consumer Expenditures, Income and Saving, 1960

Volume 1

Houthakker, H., and Haldi, J. (p. 175)
Peters, W. S. (p. 247)

Volume 2

Modigliani, F. and Ando, As. (p. 49)
Watts, H. W. and Tobin, J., (p. 1)
Bodkin, R., (p. 175)
Miner, J., (p. 400)

Rosett, R., “Working Wives” Studies in Household Economic Behavior (by T. Dernburg and others — Yale U. P. 1958

Aitcheson, J. and Prais, S. J., “The Treatment of Grouped Observations” Review International Statistic Institute, 1954

IV.  (sic) Investment

Meyer, J. and Kuh, E., The Investment Decision, 1957

Eisner, R., Determinants of Capital Expenditure, 1956

V. Cost Functions

Johnston, J., Statistical Cost Analysis

VI. Survey Methods

Survey Research Center (University of Michigan) 1960 Survey of Consumer Finances

Tobin, J., “On the Predictive Value of Consumer Intentions & Attitudes,” Rev. Econ. & Stat. February 1959

National Bureau of Economic Research, Quality and Economic Significance of Anticipations Data

Source: Harvard University Archives. Syllabi, course outlines and reading lists in Economics, 1895-2003. Box 8, Folder “Economics, 1962-1963 (2 of 2)”.

Image Sources:

Hendrik Samuel Houthakker from website Find-A-Grave.

Jaroslav Vanek (1961 Fellow) from the John Simon Guggenheim Memorial Foundation website.