Economist to give Distinguished Lecture


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Posted on 10 March 2011

A top economist is to visit Keele University to give a free public lecture.

Professor Sir David F Hendry, of Oxford University, will give the Keele Management School 2011 Annual Distinguished Lecture in Economics on Thursday, March 17, at 4.30pm in the Chancellor’s Building.

In his talk, entitled “Empirical Model Discovery and Theory Evaluation”, he will argue that, despite important differences, discovery and evaluation in economics are similar to those of natural science. Professor Hendry will illustrate his key claims involving “live econometric modelling”.

A spokesman for Keele Management School said: “Instead of fitting a pre-specified model which restricts discovery, Professor Hendry advocates automatic modelling methods which help to formulate very general models which embed and evaluate the initial economic theory and allow for a rigorous evaluation of selected models to ascertain their viability.” 


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