Econometrics Books

This book must be mandatory before and during any econometrics class. In intuitive terms and examples, with minimal notation and math, manages to deliver a working knowledge, a basic understanding that can supplement and aid in the use of the usual undergraduate and graduate econometrics books like Green and others.

What is exactly opposite of these other books is that you can really enjoy reading this book while drinking your coffee, or lying on the sand enjoying the beach. I recommend this book in my syllabus to all my students in all graduate and undergraduate courses I teach.

This is a great econometrics book. I wish that I had found this book earlier in my graduate career, and now I find myself going to it all the time. It covers all the important concepts and is very clearly written. The best thing about the book is that it teaches how to use econometrics not just what it is. It makes that very important jump of teaching students how to apply these tools properly. I cannot recommend this book enough!

I highly recommend this book as a source of intuition for econometrics. As a Ph.D. student working on my own research I find this book very helpful when I want a quick and easy explanation. This book is also good for clarifying some basic concepts that never got adequate explanations in my econometrics courses. I only wish that this book had a little more coverage on limited dependent variable models.

Not many scientists can write but Peter Kennedy is NOT one of them. He presents the mathematical and statistical information in clear, concise language. A wonderful AND informative read!!

This is a great book. But buy it for the right reason. All by itself, not as useful as a lot of the reviews suggests.

This has to be used together with Greene's <>. It suppliment a lot of the formulae with ideas and reasons. But it is light on formula by itself, and you can not use it as a reference. This is a explain book, tells you why we should do it this way, what to caution/watch for, what is the logic behind that.

So buy it with greene's book. Learn the math in greene's book, keep greene's book on the shelf as regular reference book. But read this book to understand ideas, and sort out complexicities.

Overall, still a great buy.

This is great trivia for those who already have a basic knowledge of the middle ages. It's filled with gross and gristly bits that will entertain and inform. Don't let the juvenile presentation of the book deter you. A really fun read for teens and adults alike. I'm looking forward to reading more in the series.

Who says history has to be boring and serious? Measly Middle Ages tells the history of the middle ages while completely entertaining the reader. The book itself is filled with lots of interesting information, surprising facts, and insider jokes. It's great fun!

Measly Middle Ages is part of a series of Horrible Histories which teaches history in a interesting, fun, and humorous way. All of these books have great titles like Rotten Romans, Awesome Egyptians, Groovy Greeks, and Vicious Vikings. A copy of these books should be in every local school library.

This great, enchanting, and captivating series attracted me since i was a child. Not only is this an educating experience, this also provides information in a very enjoyable way. Attractive to the most intelligent minds, and interesting to every child, this makes a great gift and also a great reader.
It will make you smile and even laugh out loud as you read book after book. My only question is, why would they ever stop priting? I ask Scholastic to continue print so all who desire a book can recieve one. Thank you.

The book really had no main characters. This book was an informational book covering the Middle ages. The book covered such great people in history as Queen Isabeau, King Richard II, and King Richard III.

The plot of the story is about the middle ages. Also about
how the people changed history and life as it was during the Middle Ages. The history that I learned was a lot different of how it is today. The story also focused on famous kings and Queens and important people who changes history forever and their improtant contributions to the Middle Ages.

The setting of the story is during the Middle Ages which is from 410A.D.-1453A.D.

The Measly Middle Ages is about the people in life that made a diffrence for the people of today. It also tells you about important events and the historic importance of individuals of during the middle ages.

One of the resons I liked this book is because I am realy into history. Another reason that I liked reading this book is because of the awsome illistrations throughout the book. I also enjoyed how the book kept my attention throghtout the story and this is why this was one of best books i have read in a long time.

I came across Terry Deary completely by accident ~ in a gift shop in Scotland, shoved amongst other more "scholarly" hardcovers. As my graduate area of study is the Middle Ages, I was intrigued and bought the book on a whim ~ and haven't stopped buying Terry Deary's books since! Are the books chock-full of historical facts guaranteed to allow someone to walk away thinking they know everything about the Middle Ages, Greece, Rome, France, or any of Deary's other topics? No, of course not. Are the books a wonderfully entertaining (and illustrated!) way of addressing what can admittedly be a bit of a dry topic? Of course! I say any books that can make someone, young or old, become interested in history should be embraced fully. And, hey, I learn something new from every book I read, which is an added bonus! Further, I think these books definitely appeal to adults who have an interest or education in history ~ much as what "The Reduced Shakespeare Company" teaches us about Shakepeare is true about Deary's treatment of history: the better you know the original, the more funny and entertaining the condensed versions are.

Great book for advanced undergrad and grad students. Personally, I think this book is as good as the Greene, but much cheaper.

This is a fine book, but probably not the one you want to buy if you are looking for ONE all-encompassing reference. The approach is interesting, but unusual, with all the pros and cons that come with originality. It is for graduate students, or very advanced undergraduates, as it requires quite a lot of previous knowledge of linear algebra and statistics.
What is unusual about this book is that it covers most topics within a unifying Generalized Method of Moments (GMM) framework. Many many estimators are treated as special cases of GMM. The book is clear, and the notation is mostly OK, even if the chapters on panel data and systems of simultaneous equations are a notational nightmare, partly because of the choice of treating everything in a GMM framework. Another unusual aspect of this book is the emphasis on certain regularity conditions (such as ergodicity) that are usually used in a time-series framework, but are not commonly seen in cross-section analysis. I studied (also) on this book as a graduate student, and overall I liked it. The only real minus are the exercises, which contain so many hints that they become trivial (really, I am not a genius...). Worse, they only require mindless application of linear algebra.

One UNimporant cons of this book is the fact that (cover aside) it is... ugly! How could the publisher choose the boring "Times New Roman" font for this book!? But this, of course, does not really matter....

Overall, a useful and good book, but if you are looking for ONE textbook in cross-section econometrics Wooldridge is probably a better choice, and if what you are looking for is ONE book in time series, Hamilton is likely to be what you want on your shelf.

Mr. Hayashi has written an excelent textbook, which has become the standard in PhD programs as far as I know. I agree with other recomendants that Hayashi has been original to explain econometrics from a newer and more efficient point of view. But there is more: Hayashi has devoted a lot of effort to create exercises to teach students instead of contributing to some professor's questions data bank.

I have a love/hate relationship with this book. Perhaps I should state as a precursor that I was never formally trained in economics before learning econometrics. And, that the last time I'd done matrix algebra or calculus was some 15 years prior.

We used this book as part of a taught graduate course. It took half a semester to go through the first two chapters - an investment of time that proved well worth it for the rest of the topics which were covered in the remainder of the semester.

Basically, if you can understand the first two chapters on ordinary least square regression for finite and large samples, the required assumptions and properties, then the rest of the chapters are a piece of cake:
- generalized method of moments for single and multiple equations
- panel data
- time series analysis (including unit root analysis)
- extremum estimators
- maximum likelihood
- cointegration.

In short, the book covers all major econometrics topics and does so in a succinct, clear manner. The way in which Hayashi builds on each topic, showing that all models are basically different versions of the same method, with slightly different assumptions is just brilliant. It put statistics in a different light for me, and gave me a much deeper, intuitive understanding of it than any other book or class had done before.

There is a caveat however. This book assumes that you have substantial mathematical grounding. In particular, I found the succinct use of notation, without any verbal explanation, irritating at first. I invested quite some time in a mathematical economics book reminding myself what sets were, rules of matrices, calculus functions, expectations and probability.

Without the support and input of our brilliant teacher who (very patiently) took us through the end of chapter exercises step-by-step, I would never have managed to successfully read this book on my own! While those exercises honed my skills and deepened my understanding, I relied heavily on Hayashi's home page notes and hints to complete them.

For those of you that have strong mathematical skills and an economic background, this book is probably one of the best introductions to econometrics. For those of you who do not, it will prove to be a difficult read at best.

What's certain is that after succesfully completing it, your econometrics and statistical skills will provide a solid enough basis for any graduate program.

Yes, indeed I also think this one is the best around. Some points I'd add are:

Hayashi's book is the only econometrics textbook I am aware of (IMHO, these are certainly not all, but quite a few) that is truly complete. Not only from a material point of view - it covers both time series and cross section material in a unified framework (as opposed to Wooldridge). The empirical exercises are useful (outperforming, say, Davidson/MacKinnon) and yet you can also go on to read theoretical papers or Amemiya after having read Hayashi's coverage of asymptotic properties of GMM and M estimators. Finally, also more towards the theoretical side, it provides some first training in hands-on programming, as opposed to some books that tell you where to click in eViews.

Furthermore:

- A corollary of the above comments is of course that it's not very detailed in each of the fields covered. E.g., all you find on limited dependent variables is Probit, Logit, Tobit.
- It's well managed: the typo list (which isn't very long, I should emphasize, especially for a 1st ed.) is always up to date
- The typsetting really is debatable. I find it unpleasant to have italics, boldface, boldface italics, verbatim environments etc all on one page. Less is more.

simply sophisticated and sophisticately simple, did the trick but if you are completely new to metrics, read it after christopher

As the author says, the book is "aimed at undergraduates but it is adaptable to master's students". It will provide you with excellent and extensive real life explanations. What is better about this book is that you can redo every example in the book by using the online data that it provides with. This was it is easier what happens by experimenting. In that sense this book is superior to many others where you cannot see how the results of estimations came about.

There is only one thing to take into account. Although there are three parts to this book, the shortest one is time series. Its coverage will is therefore not very comprehensive if you want basic explanations like the VAR, GARCH models etc...
In that case, I would recommend the book New Directions in Econometric Practice by Wojciech W. Charemza.

Great introduction to the subject, but the notation is poor. By presenting the material without matrix algebra, the multiple regression analysis becomes a convoluted mess of summation notation. Additionally, matrix notation is adopted in more advanced texts, making in beneficial to learn from the start.

Wooldridge's explanations are clear and useful. After a semester hacking my way through the dense brush of matrices in Greene's book, I realized I needed some help. Now I go to Wooldridge's treatment first, to make sure I understand the main concepts. Then I go to Greene for the detail, if I need to.

This books is excellent read. It builds good intuition, and is well suited for self-studying. It is also not too mathematical, no matrix notation, good for undergraduate students or as a review for graduate students. I can truly recommmend it.

If I would only have the joy to read one book in my lifetime, it should be See Under: Love.

See Under: Love took my breath away, moved me to tears and touched me in the tenderest reaches of my soul. It is brilliant, imaginative, engaging and humane. The way characters, themes and time wind into each other transport the reader to a place far beyond the mundane. I loved every word. Immediately upon finishing, I went back to the first page to reread. My second reading was more deliberate and careful, and I caught much that I had overlooked in my first pass. I am sure that I will reread it again and again.

I originally bought this book after Jonathan Safran Foer enumerated it in his "Five Most Important Books" for an August 2007 Newsweek piece. Foer called it, "The novel of the 21st century" though it was first published in English in 1989. I thank Jonathan Safran Foer for his own works and, here, this recommendation. And in turn, I hope that I can pass this rare jewel on to others. This is my first review (well, not really a review which is elsewhere on Amazon but a recommendation) but I am compelled to do so. Months after the reading, I find myself thinking about See Under: Love and feeling grateful that I experienced it. This is not an easy book to read but the rewards are multifold. And when you are done, read the transcript of a talk that the author gave for a San Francisco Symposium at http://findarticles.com/p/articles/mi_m0411/is_1_51/ai_85068470 for even greater insight.

David Grossman has taken the worst that man has to offer and spun it into a magical, magnificent ouevre which will touch you with the human spirit and make you proud to be alive.

Words fail. I beg anyone who has been considering buying into Jonathan Safran Foer's hype to instead find themselves a copy of this, the book from which he appears to have stolen most of his ideas, instead.

All hyperbole aside, this wonderful book has few equals. It demands attention, and reflection, and time, and it rewards those willing to invest those things in it beyond compare. Nothing short on a meditation the way our lives are impacted by the moral calculi of others, and the way our own actions reverberate throughout the generations.

As an Israeli who have read it in Hebrew, I would like to add a few words. One thing: this book is entirely different if you read it in Hebrew. It losses a lot in the translation, and not because the translation is bad, rather that the combination of different layers of very special Hebrew combined with Yiddish, along with the cultural context, makes it a book that is an impossible mission for the translator. Of course, you can't ask someone to learn Hebrew just for this book (and this still won't be enough, because he has to be born again as an Israeli and grow up here to understand everything...), but the book has numerous universal aspects that can be translated, and it's still, even after the translation, a must-read.
And now, for the book itself (if there is such a thing the book itself...).
This is by-far the greatest Israeli book that I have ever read. I had one feeling that went along with me throughout the journey: I don't know how the hell he did. I just don't know. Like a magician that makes a trick you just can't figure. The scope. The depth. I cannot describe this book. It defies space and time. It is a masterpiece.

I don't think I am qualified to write a review of this piece of art. Think Toni Morrison on LSD, or maybe Falkner writing in Hebrew as Isaiah, composing in a way never before conceived, about of all things, The Hollocaust! I guess this most twisted example of human depravity requires such a book. However, if I had not read Mr. Grossman's beautiful love narrative, " Someone to Run With" I would not have known at first if it was a work of genius or a tale told by an idiot, and might not have hung in there long enough to declare it the former - 5 stars! However, a second reading may be required to understand the nuances.

One of the best novels I have ever read. Don't miss it!

This is one of the best military history books out there. Its an account of a raid to free POWs carried out during the Vietnam war. What is so good about it is that it gives a truely comprehensive from top-to-bottom account of the mission from conception to execution and even following through to the political aftermath. while the mission was not successful in its objective (the POWs were moved before the team arrived), the plan involving a raid deep into North Vietnam was carried out flawlessly.

While many things have changed since the time the book was written, people, organizations and politics have not. The book is a case study with wide ongoing application. Its also a fun read for anyone interested in politics, the Vietnam war, special operations or military history in general.

The Son Tay Prison Raid was a good idea but was based on poor intelligence. Benjamin Schemmer did a good telling the story. It's too bad it doesn't have a happy ending.

Sam McGowan
Vietnam Veteran, author "The Cave"

Great account of the brilliantly executed 1970 special operations mission to rescue POWs, and the breakdown in intelligence which resulted in the rescuers coming away empty handed. If you've read about the mission to rescue the hostages at the embassy in Iran a few years later, you'll recognize a number of the names. (See Delta Force by Charlie Beckwith for details on the Iranian mission.)

First published in 1976, "The Raid" is the story of the heroic attempt to rescue 61 Americans from the North Vietnamese POW camp at Son Tay in November, 1970. It is thoroughly and meticulously researched. Its' 3 reprints attest to the quality. Author Schemmer had some obvious command cooperation in its' compilation. "The Raid" devotes more effort -and pages- in depicting the painstaking step by step preparation and practice that was dedicated to the rescue than the actual time on the ground. That is understandable, since the mission lasted less than 30 minutes. The camp was empty and no one was rescued! The author examines the intelligence "considerations' behind that unpleasant fact. More time and space is given to the inevitable damage control that the Pentagon and White House had to tackle. That easy to appreciate as well, given the frantic antiwar feelings in this country at the time. The raid took place less than 4 months after our troops were withdrawn from Cambodia. That incursion had sparked huge domestic protests. There are three outstanding traits to this tale: The first is the obvious bravery and courage shown by the men involved. The second is the sheer amount of logistical support and inter -service coordination that the effort required. There is an impressive array of those Command acronyms. As any veteran would rightly suspect, there was a bit of infighting as well. I appreciated reading that General Ryan, Air Force Chief of Staff, gave an open letter to some of the chief planners directing they receive complete "no questions asked" cooperation. Those who felt unable to comply were to call the General directly! How many calls do we think Ryan received? Finally, we the author incorporates the human beings who were the actual prisoners. We read of some of the more distinguished, such as Robinson Risner and Jerimiah Denton as well as those not as famous but who suffered as much and more. "The Raid" is almost a mini-history of the POW saga-one that extends to this very day. Over 1,800 men remain unaccounted for. Some claimed the raid to be a failure. It strikes this reviewer as an outstanding success. That's because after Son Tay, most POWs were consolidated into the big Hanoi area prisons. There was safety-not to mention a command structure-in numbers. Treatment improved, especially since many prisoners could help themselves. This reviewer would like to compliment President Nixon and Defense Secretary Laird for supporting a military action they knew would be unpopular and suspected might be unsuccessful. Canceling the operation would have been the easy way out; they courageously chose the difficult course. To this day, Mr. Nixon remains the only Chief Executive to seriously address the POW issue. Those buying "The Raid" should strongly consider Frank Anton's "Why Didn't You Get Me Out?" It's time frame perfectly complements Mr. Schemmer's tale. Finally, there is the virtual Bible on the subject, "Code Name Bright Light". That may be a lot of reading but what subject is more worthwhile?

On November 21st, 1970, a rescue mission would be launched inside North Vietnam that would eventually gain status as being possibly the most incredible operation ever conducted during the Vietnam war.

The culmination of months of grueling planning and training, intensive coordination through military channels, extensive secrecy, and special operations wizardry would lead to the daring raid on the Son Tay POW camp just 20 short miles outside of Hanoi. So well prepared was the team that after the raid's accomplishment, no lives were lost and everyone returned safely after just 26 minutes on the ground. Everyone except U.S. POW's, that is, who were unfortunately not at the POW compound being that it had been abandoned only months previously. Information discovered as to why the Son Tay facility was empty would prove to be both revealing and disturbing to the raid planners and executers.

In assessing the aftermath of the mission itself, although deemed a failure by the mainstream media and squabbled over by Congress, the military, and intelligence agencies, positive aspects would eventually come to light to justify the raid a success after all. Unknown to many outside the purview of the POW's themselves, the raid was an eye opener to the North Vietnamese who now fully realized that America would defy the greatest of odds to repatriate their POW's and show them that they were not forgotten. The Son Tay rescue mission was a serious morale booster for our U.S. captives and also hastened their improved treatment from their North Vietnamese jailors.

Benjamin F. Schemmer has written a fascinating and in-depth study into one of the most sensational rescue missions ever accomplished in the history of warfare. Richly detailed and researched, included are photographs, maps, and appendixes with a multitude of statistics and operational facts. Whether just a casual reader or an avid fan of Vietnam era history, The Raid is an excellent book from start to finish. For those readers interested in the complete story of POW rescues in Vietnam, I would highly recommend the book "Code Name Bright Light: The Untold Story of POW Rescue Efforts During the Vietnam War" by George J. Veith.

practical financial econometrics is a very useful book for all connected with the field of finance.

It is a real treasure. The description in the book is very practical. It successfully addresses and accommodates the issues that researcher encounters.

The efforts of the author for crafting such a master piece is highly appreciable.The book offers much more via discussion forum as well. It is really wonderful and creative idea to remain connected with the world's greatest authority in the field of risk management through the websites. I think these website have been adding the life in the book and make it an alive entity.

Great work by the author.

Like her previous book "Market Models", this book is very well written, clearly explained, and very complete. I like her style of writing because it's precise, intuitive, and goes straight to the point. Carol Alexander is a seasoned professional, and that is certainly reflected in this book. I like it a lot and recommend it highly.

This book is a "must have" for financial analysts. Carol Alexander is one of the best technical finance writers around, and has the ability to convey complex concepts in a way that practitioners can understand.

I particularly like the chapters on GARCH and copulas. She includes loads of examples that bring the subject matter to life.

Carol writes both cogently and accessibly on financial mathematics here, covering a very broad area of topics in an easily intelligible manner - a welcome break from some of the drier mathematical texts. It definitely merits space on your desk if you're a practitioner or student - however small your desk is!

Just one hint, from somebody who learned a lot from Carol - if somebody with her experience decides to invest 5 years in sharing their understanding of the world of finance, I wouldn't miss the chance to read it! The scope of the book is unparalleled, and it doesn't come at the expense of thoroughness and clarity. And what you wouldn't get from four other books on those topics, is a unified, consolidated, approach to analysing and understanding areas which traditionally have been seen in isolation. I don't need to mention what difference it makes in practice, once you have the details, to be able to take one step back and see the bigger picture.

The first Reform Bill has just passed. The wealthy squire Harold Transome is set to compete against the more deserving, labouring Felix Holt on the same Radical ticket to the local borough seat. And they soon become unwitting rivals in another arena, for the heart of the book's real heroine, Esther Lyon, the dissenting minister's daughter. 'Felix Holt' is a rich novel: both political speculation and comedy of manners. It portrays 19th century election processes in their full, colourful detail: corruption, intimidation, vote-buying and all, while leaving room for hope and ultimately painting a fascinating picture of nascent democracy. It is also endowed with George Eliot's subtle dialogue and keen eye for psychological and social nuance.

I have only read Middlemarch by the same author. The much thicker and better known work has a wider cast of characters and, with its more slowly-paced plot, it provides a deeper analysis of early Victorian country mores, but it is also a more classical piece of social study. `Felix Holt' is a busier, rowdier novel, yet I found it just as convincing and engaging in its characters and relations. It is entertaining on multiple levels; this is a book that appeals both to readers with a historical interest and to those simply looking for a good intrigue. Highly recommended.

If you're looking for a novel propelled by its plot, then perhaps you should look elsewhere. Felix Holt, as well as the other characters of this novel, are more stock-types set in concrete than actual individuals, and the (far-too-complicated) legal issue that pushes the novel foward is never much convincing and quickly set aside in the end for the sake of moralizing. But then, the background - the socio-political changes in the Early 19th. Century English countryside, brought in the wake of the first Reform Act - is throughly and convincingly described, specially at the opening of the novel, which is, in itself, a must-read.

George Eliot is an acquired taste. If one were to pick up only one of her books it would probably be "The Mill on the Floss", "Silas Marner" or "Middlemarch" and with any one of those might come frustration with Eliot's myriad of plots (not to mention her tendency for being a bit wordy). But I found "Felix Holt", for all its political twists and turns, to be the most accessible of Eliot's books. This accessibility can be attributed to two of the finest characters ever created: Mrs. Transome and Ester Lyon. I would say that the character of Mrs. Transome ranks up there with Emma Bovary in terms of literary creation and chapters 42 and 49 (I don't want to give away the story) are absolutely cinematic. I truly love this book.

George Eliot (Mary Ann Evans) was a great English novelist of
the Victorian period. Her list of classics is impressive:
"Scenes from Clerical Life'; "Adam Bede"; "The Mill on the Floss"
Middlemarch" and "Daniel Deronda" are among the greatest novels
ever written in the English Language.
Felix Holt tells the story of a radical candidate for Parliament. He has become a watchmaker; cares for his mother
and courts Esther Lyon the sophisticated daughter of a poor
minister. Esther is also courted by Harold Transome who like
Holt is also a Radical candidate for Parliament. Harold is rich, 35, a widower with a young son. Holt is young, fiery and idealistic.
The most interesting character in the novel is Mrs. Transome who has secrets to keep. She is well drawn by Eliot.
In addition to the love story is the tale of an inheritance.
This tangled delve into old documents is complex and may lose
some readers.
The tale climaxes with a working man's revolt and other suprises for the interested reader. The book is not as long as
some of her novels but does hold one's interest.
This is not Eliot's best novel but it is worth reading.

Felix Holt occupies a middle-tier in the critical estimation of Eliot's novels. It is often disparaged as the "political novel," or alternatively "the one where the legal subplot is way too complicated."

At first, this seems unfair. The early introduction of Mrs. Transome is a showstopper, heroine Esther Lyon fascinates, and the detailed evocation of 19th century rural politics is through Eliot's narrative magic made riveting.

But things do go awry in the second half. A big problem is Felix himself: an idealization of a political view rather than a detailed character, the reader loves him rather less than Eliot seems to intend. The legal schenanigans are intriguing, but the tortuous plot machinations through which Felix comes to be imprisoned are near ridiculous. And finally, Esther experiences her moral conversion rather too quickly and tidily, coming to seem just a sketch for Gwendolyn Harleth in the later Daniel Deronda. Indeed, by book's end the most compelling plot thread standing is that of the unfortunate Mrs. Transome.

But to say a book isn't as good as Daniel Deronda isn't much of a criticism. For all its faults, Felix Holt is filled with excellent characters, a strong story, and unparalled insight into both 19th century England and the more universal collisions of morality and politics.

Jack Johnson remains perhaps the most controversial athlete in American professional sports. And for that, it has been the constant rewriting of his life by his critics and/or racists.

His autobiography, published in 1927 when he was approaching his 50th birthday, should dispell the myths surrounding the greatest heavyweight champion ever. But more than his ring exploits, Johnson truly believed in a world without labels, a world where a celebrity can truly make a difference in people's lives and a world where dreams can truly be sought after and achieved.

He has pointed comments concerning critics who never gave a balanced account of his life and has a lengthy account on the fix he claims was arranged for him to lose the heavyweight title to Jess Willard. A chapter on physical fitness is timely today and demonstrates how Johnson was setting new standards on working out for his sport and general fitness.

You may have viewed the PBS special and read the recent biography on his life, but nothing beats reading Johnson in his own words. Johnson was truly a champion for honest play inside the ring and - most importantly - in the game of life.

Jack Johnson was the first African American Heavyweight Boxing Champion of the World. He became the heavyweight champion in 1908 when African Americans were exploited by Racism in a close-minded White America where hundreds of African Americans were murdered without trial by white mobs of hatred.

With this context of hatred, Jack Johnson, matter of factly talks about his life during this troublesome time in American history as if it were a minor annoyance. In over 250 pages, he discusses his childhood and boxing career. He also speaks of the adventures in his life and anecdotes that all have an excitement, the kind that makes "Carpe Diem" seem like a non-event.

Bull Fighting in Spain; fleeing to Europe from a US government intent on exploiting the marvels of his success with grotesque technicalities of Laws biased against African Americans; storms through the rough ocean off of Mexico; encounters with wild Indian tribes; Russian spies prior the Bolshevik's revolution; somehow managing to win a poker game with 4 Aces when two others with 4 Queens and 4 Kings accused one another of cheating not realizing that they'd both been defeated.

Jack Johnson is the most underrated American Hero. To me, after reading his story, I felt no bitterness in his diction. I read no scars from all the hatred thrusted upon him. On the contrary, I read the voice of a man who probably would have lived to 200 years old had it not been for his tragic auto accident death when he was in his late 60s.

The book has amazing historical insight. He discusses the implication of the "Jazz Age" and how it affects family values. Oddly, today, the Jazz Age was when the family was still in tact. I thought Devil Worshipping Heavy Metal destroyed the family. No wait, wasn't it that rebellious punk rock music? No, wait, wasn't it that selfish "me-generaton" Disco? That evil Rock'n'Roll? No wait.... It's amazing how musical trends imply collapsing humanity. Still Johnson's insight was intellectually pragmatic and insightful.

The book is an amazing read when one considers that Jack Johnson had only a 5th Grade education. Yet we read of a man whose expressive skills excede those with Doctorate Degrees. Notice how I forgot to emphasize that he was a heavyweight boxer? When, fights were often 20, 30 rounds long? All those punches, yet his mind extremely sharp in his autobiography.

He's entertaining with much to say and with deep insight few autobiographies have.

If you find true individualists to be a source of inspiration, Jack Johnson's "In and Out of the Ring" is a must for your collection.

This autobiography is a much-needed corrective to playwright Howard Sackler's artistically over-licensed opus "The Great White Hope", dramatized on stage and in film in the late 1960's. As a self-portrait of a Black man living in a particular time and place, it is not only a record of Mr. Johnson's matchless skill as a boxer, but more importantly, it is a journey into an all-encompassing Black mind, an intellect as well as a striking physical specimen, who broke out a new mold for the image of the athelete as someone capable of possessing as much "brains" as they had "brawn." Johnson was so clearly head and shoulders above his peers and detractors that it is no wonder why he was hated and feared by many whites. When enough people of color have read this book, it is likely that Mr. Johnson may be put under the same sun that shines on the likes of Paul Robeson and Jackie Robinson: Black "Renaissance" men whose lives outside of their sport(s) have been obscured because of their insight, outspokeness, and general refusal to be limited by their "race." Don't let "Black History" month slip by without attempting to get onto, and into this priceless autobiography by a true "giant" of a man.

This book is a must read, not only for boxing fans seeking more information about the first black heavyweight champion, but also for students of American history and specifically race relations in the U.S. Johnson's writing is insightful, eloquent and scholarly. He refused to allow the abysmal prejudice of whites to deter him from his goals, and enjoyed his life to the fullest. He maintained his dignity and judgement despite the efforts to break him. His book shows him to be a man of immense intellect, who could have excelled in any field of his choice. His views on the pace of 'modern' life, diet, physical fitness and race relations are as relevant today as they were in 1927. This book was a great surprise to me as I picked it up as a boxing fan, but the scope of Jack Johnson as a man goes far beyond the squared circle. His life was epic and his words timeless. This is a book for all times, by a passionate, inspired and inspiring man.

This autobiography is a much-needed corrective to playwright Howard Sackler's artistically over-licensed opus "The Great White Hope", dramatized on stage and in film in the late 1960's. As a self-portrait of a Black man living in a particular time and place, it is not only a record of Mr. Johnson's matchless skill as a boxer, but more importantly, it is a journey into an all-encompassing Black mind, an intellect as well as a striking physical specimen, who broke out a new mold for the image of the athelete as someone capable of possessing as much "brains" as they had "brawn." Johnson was so clearly head and shoulders above his peers and detractors that it is no wonder why he was hated and feared by many whites. When enough people of color have read this book, it is likely that Mr. Johnson may be put under the same sun that shines on the likes of Paul Robeson and Jackie Robinson: Black "Renaissance" men whose lives outside of their sport(s) have been obscured because of their insight, outspokeness, and general refusal to be limited by their "race." Don't let "Black History" month slip by without attempting to get onto, and into this priceless autobiography by a true "giant" of a man.

Just as in his other books, Franses demonstrates that he is a good communicator. Good structure (follows a logic path), well written and good examples.
Is it a good idea to buy this book? Yes, I would say it is mandatory if you are interested in the subject.
Nevertheless, it misses more indepth treatment of non-linear models (precisely what the book is all about). The authors spent too much time on elaborating a comprehensive chapter on linear models when it was sufficient to cite a few references in case the reader wasn't familiar with the required background.
Some demonstrations and explanations were left uncovered which means that you will have to rely on other sources such as Hamilton (1994) to get the whole picture.
This is not a self-teaching guide but one important source in this field.

Like his other books, Franses provides an nice applied treatment of non-linear time series models that are in this case applicable to finance. It includes extensive coverage of regime switching models. It includes data drawn from several financial markets including Tokyo, London and Frankfurt.

Like his other books, Franses provides an nice applied treatment of non-linear time series models that are in this case applicable to finance. It includes extensive coverage of regime switching models. It includes data drawn from several financial markets including Tokyo, London and Frankfurt.

If you are looking for a book that expands on financial econometrics beyond "The Econometrics of Financial Markets", the dated but otherwise excellent book of Campbell, Lo, and MacKinlay this is an excellent choice.

The premise is the well-known: while models used in empirical finance are linear, the nature of financial data suggests that non-linear models are more appropriate. It is particularly in forecasting and more accurately describing returns and volatility where the non-linear models offer considerable advantages over linear models.

Since there are considerable candidate non-linear time series models available for the modeler or forecaster of economic time series, selecting the right model from the get-go can be difficult. Of course, if you have had good lecture notes from your grad program, you are set. If not, then this book does help you along the way. It is an up to-date guide and provides a rigorous treatment of non-linear models. I like the regime-switching but the artificial neural networks part leaves me cold.

One of the nice things about the book is that it uses a wide range of financial data, from Tokyo, London and Frankfurt.

1. Introduction;
2. Some concepts in Time Series analysis; (Good review of TS stuff)
3. Regime-switching models for returns; (I like this part; explains everything well and easy to follow. Of course, if you are new to the area, this is hard)
4. Regime-Switching models for Volatility; (This is a tough area and they do a good job)
5. Artificial neural networks for returns;
6. Conclusion.

The GAUSS code is available at the authors' website. This is a nice feature, although I do not use GAUSS.

The major distinction of the book from Granger&Terasvirta's earlier work is its focus on financial applications of regime switching (RS) models and the author's separate treatment of RS in returns(means) and volatilities(variances) by putting them in different chapters. Another welcome feature is the availability of accompanying procedures in Gauss downloadable from the author's website. I would have expected a lengthier treatment of Markov RS models but I guess either the authors leave this to Tsay's new book or quote Hamilton as classical reference source.