These essays honor Professor Peter C.B. Phillips of Yale University and his many contributions to the field of econometrics. Professor Phillips's research spans many topics in econometrics including: non-stationary time series and panel models partial identification and weak instruments Bayesian
model evaluation and prediction financial econometrics and finite-sample statistical methods and results. The papers in this volume reflect additions to and amplifications of many of Professor Phillips' research contributions. Some of the topics discussed in the volume include panel
macro-econometric modeling, efficient estimation and inference in difference-in-difference models, limiting and empirical distributions of IV estimates when some of the instruments are endogenous, the use of stochastic dominance techniques to examine conditional wage distributions of incumbents and
newly hired employees, long-horizon predictive tests in financial markets, new developments in information matrix testing, testing for co-integration in Markov switching error correction models, and deviation information criteria for comparing vector autoregressive models.
Christopher J. Coyne, Virgil Henry Storr, Roger Koppl, Virgil Henry Storr
The theme of this volume is 'New Thinking in Austrian Political Economy'. It includes original research by scholars working within Austrian political economy. The contributors draw on insights from Austrian economics that shed new light on a range of relevant topics including: the role of culture in
economic action, the political economy of post-disaster recovery, class structure, decentralized political orders, drones, institutional change, macroeconomics, and superstition and norms. Each chapter discusses the relevance of Austrian political economy for understanding the topic under analysis
and discusses areas for future exploration and research. The volume captures the relevance of Austrian political economy for scholarship on a wide array of topics and its potential as an active and open-ended research program. Scholars working in the areas of Austrian economics, heterodox economics,
constitutional political economy, cultural studies, political science, public choice, sociology, and public policy will find the volume of interest.