JEP for FREE

Here comes a great news!

Online issues of the Journal of Economic Perspectives published since 1999 are now publicly accessible at no charge, compliments of the American Economic Association.

You can access to the Journal of Economic Perspectives from here. The symposium in the latest volume (Spring 2010), Con out of Economics, contains interesting debate among leading econometricians that may attract much attention.

Hayashi or Wooldridge?

Original article (link) posted: 27/07/2005

I was asked by someone who is thinking to go to grad school in Econ. that which book is better for 1st year econometrics class.
The following is my answer;

I think "Hayashi" is better for preparing first year course work. Especially, to read first 3 chapters helps you a lot.
But, if you will major in some applied microeconomics, you may end up buying "Wooldridge" book too. (H- is good at Macro and time series, W- covers microeconometrics very much.)

Usually, mathematical statistics is covered in first few months in metrics class.
The following huge textbook covers math quite well. This book is also quoted often, so it may worth buying as a reference book.
"Econometric Analysis" by William H. Greene

If you would like to learn econometrics without technical issues, the following text book (for undergrad) is highly recommended.
"Introduction to Econometrics" by James H. Stock, Mark W. Watson