Under Misspecification: Some Monte Carlo Evidence on the Kmenta link: :cup:etheor:vyip. Jan Kmenta (January 3, – July 24, ) was a Czech-American economist . He was the . Kmenta, J. (, revised ed. ). Elements of Econometrics. New York: Macmillan. (Original edition also available in Spanish, Portuguese. When there is ho- moskedasticity, the two estimated variances would, in large samples, differ only because of sampling fluctuation (Kmenta ; McClendon.

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This kmsnta was last edited on 14 Novemberat Receive exclusive offers and updates from Oxford Academic. Don’t already have an Oxford Academic account?

Don’t have an account? This article is also available for rental through DeepDyve. Email alerts New issue alert. Kmenta has made multiple other contributions incorporated into the core of econometrics. Professor Charles Birch made them feel welcome and advised them regarding administrative procedures for admission to kmehta university and similar matters.

In other omenta Wikimedia Commons. But the employment officer in Sydney would not allow an emigrant to have a job like that and instead sent him to a metal-stamping plant in Balmain.

Jan Kmenta – Wikipedia

In addition to listing what might be called well-solved problems, they made explicit the implied assumptions underlying them, what can be said if the assumptions are not logically valid, and how to obtain useful results in these cases. Sign in via your Institution Sign in.


With his focus on econometrics and a strong background in mathematics and statistics Kmenta was a major contributor to this effort. Having been published in Spanish, Portuguese, Persianand Croatian over the years, it is still available in English today.

Copyright American Agricultural Economics Association. August Learn how and when to remove this template message. Kmenta received 24 academic honors, awards, and prizes during his career, beginning with being made a fellow of the American Statistical Association in and a fellow of the Econometric Society inand stretching through when he received the NEURON Award for Lifetime Achievement in Economics.

This was a task at which he excelled, managing to get himself fired even in a time of extreme labor shortage so that he could attempt to continue his education.

As a result, his work is referenced in publications in medicine, political science, insurance underwriting, antitrust litigation, and energy issues, to list but a few.

After an adventurous escape in September he spent more than a year in various refugee camps in West Germany before managing to emigrate to Australia in December You could not be signed in. Kmenta wrote extensively on econometric model building as well as econometric methods.

Elements of Econometrics2nd ed. Views Read Edit View history. Utpal Vasavada; Kmenta, Jan. This article is written like a personal reflection, personal essay, or argumentative essay that states a Wikipedia editor’s personal feelings or presents an original argument about a topic.

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Theory and Practice and is the author of at least 34 [4] published econometrics papers. Oberhofer formally established conditions for validity of the iterative estimation method most widely used in econometrics kmentta, while his simplified estimation of the constant elasticity of substitution constant elasticity of substitution production function both gave “the nascent field of industrial organization a new set of powerful tools for studying firm efficiency” [6] and has been used to analyze the cost of network infrastructure, [7] among many other applications.

Keep things as simple as possible. There is no doubt, however, that he is best known to the general economics profession around the world for his internationally acclaimed textbook, Elements of Econometrics titled after Euclid’s Elements which was first published in and extensively revised in a second edition.

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Sign In Forgot password? Kmenta was assigned to breaking rocks in a stone quarry in Picton near Sydney.

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There were several Czechs taking classes, all working during the day to survive. Oxford University Press is a department of the University of Oxford.