Econometrics Fumio Hayashi is an English-language textbook aimed at students in higher education and professionals. The book covers all the important topics in econometrics and provides a modern approach to economic statistics.
This textbook provides insight into the standard techniques for understanding econometric methods, from least squares to cointegration. All essential methods, except maximum likelihood, are treated as special cases of GMM (generalized method of moments). In addition, the book contains extensive empirical applications from various economic disciplines, ensuring an effective combination of theory and practice.
Thanks to clear explanations with detailed proofs and practical examples, it is suitable for first-year PhD students and others who want to deepen their understanding of econometric analysis. The content aligns with fields such as Econometrics and Economic Statistics and Business & Economics.