econometrics

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English

Etymology

An adaptation of the French économétrie. Coined by Norwegian economist Ragnar Frisch in 1926. Compare the earlier German Oekonometrie (now generally spelt Ökonometrie), first used (in a different sense) by Polish economist Paweł Ciompa in 1910.

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Noun

econometrics (uncountable)

  1. (economics) The branch of economics that applies statistical methods to the empirical study of economic theories and relationships.

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