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Robert Basmann
Robert Leon Basmann (born January 15, 1926) is an American econometrician. He was a Professor of Econometrics at Texas A&M University until his retirement. He served as a lecturer at Binghamton University after his retirement. As of at least as recently as 2019 Basmann was still listed on Binghamton Universities listing of emeritus professors. Basmann held academic appointments at Northwestern University, University of Chicago and Purdue University prior to joining the faculty at Texas A&M. Basmann earned a Ph.D. in economics from Iowa State University in 1955. He is credited, along with Henri Theil, for deriving two stage least squares In statistics, econometrics, epidemiology and related disciplines, the method of instrumental variables (IV) is used to estimate causal relationships when controlled experiments are not feasible or when a treatment is not successfully delivered to ... estimation. References External links Website at Binghamton University 1926 births ...
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Davenport, Iowa
Davenport is a city in and the county seat of Scott County, Iowa, United States. Located along the Mississippi River on the eastern border of the state, it is the largest of the Quad Cities, a metropolitan area with a population of 384,324 and a combined statistical area population of 474,019, ranking as the 147th-largest MSA and 91st-largest CSA in the nation. According to the 2020 census, the city had a population of 101,724, making it Iowa's third-largest city. Davenport was founded on May 14, 1836, by Antoine Le Claire and was named for his friend George Davenport, a former English sailor who served in the U.S. Army during the War of 1812, served as a supplier Fort Armstrong, worked as a fur trader with the American Fur Company, and was appointed a quartermaster with the rank of colonel during the Black Hawk War. The city is prone to frequent flooding due to its location on the Mississippi River. There are two main universities: St. Ambrose University and Palmer Coll ...
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Two Stage Least Squares
In statistics, econometrics, epidemiology and related disciplines, the method of instrumental variables (IV) is used to estimate causal relationships when controlled experiments are not feasible or when a treatment is not successfully delivered to every unit in a randomized experiment. Intuitively, IVs are used when an explanatory variable of interest is correlated with the error term, in which case ordinary least squares and ANOVA give biased results. A valid instrument induces changes in the explanatory variable but has no independent effect on the dependent variable, allowing a researcher to uncover the causal effect of the explanatory variable on the dependent variable. Instrumental variable methods allow for consistent estimation when the explanatory variables (covariates) are correlated with the error terms in a regression model. Such correlation may occur when: # changes in the dependent variable change the value of at least one of the covariates ("reverse" causation), # th ...
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Fellows Of The Econometric Society
In the scientific discipline of economics, the Econometric Society is a learned society devoted to the advancement of economics by using mathematical and statistical methods. This article is a list of its (current and in memory) fellows. Fellows 1933 * Luigi Amoroso * Oskar N. Anderson * Albert Aupetit * * A. L. Bowley * Clément Colson * Gustavo Del Vecchio * François Divisia * Griffith C. Evans * Irving Fisher * Ragnar Frisch * Corrado Gini * Gottfried Haberler * Harold Hotelling * John M. Keynes * N. D. Kondratiev * Wesley C. Mitchell * H. L. Moore * Umberto Ricci * Charles F. Roos * M. Jacques Rueff * * Henry Schultz * Joseph A. Schumpeter * J. Tinbergen * Felice Vinci * Edwin B. Wilson * * F. Zeuthen 1935 * R. G. D. Allen * Costantino Bresciani Turroni * Mordecai Ezekiel * J. Marschak 1937 * Alfred Cowles 3rd * J. R. Hicks * Giorgio Mortara * René Roy * Hans Staehle 1939 * Oskar Lange * Wassily Leontief * Josiah Charles Stamp * Theodore ...
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Texas A&M University Faculty
Texas (, ; Spanish: ''Texas'', ''Tejas'') is a state in the South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2020, it is the second-largest U.S. state by both area (after Alaska) and population (after California). Texas shares borders with the states of Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the west, and the Mexican states of Chihuahua, Coahuila, Nuevo León, and Tamaulipas to the south and southwest; and has a coastline with the Gulf of Mexico to the southeast. Houston is the most populous city in Texas and the fourth-largest in the U.S., while San Antonio is the second most populous in the state and seventh-largest in the U.S. Dallas–Fort Worth and Greater Houston are, respectively, the fourth- and fifth-largest metropolitan statistical areas in the country. Other major cities include Austin, the second most populous state capita ...
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Purdue University Faculty
Purdue University is a public land-grant research university in West Lafayette, Indiana, and the flagship campus of the Purdue University system. The university was founded in 1869 after Lafayette businessman John Purdue donated land and money to establish a college of science, technology, and agriculture in his name. The first classes were held on September 16, 1874, with six instructors and 39 students. It has been ranked as among the best public universities in the United States by major institutional rankings, and is renowned for its engineering program. The main campus in West Lafayette offers more than 200 majors for undergraduates, over 70 masters and doctoral programs, and professional degrees in pharmacy, veterinary medicine, and doctor of nursing practice. In addition, Purdue has 18 intercollegiate sports teams and more than 900 student organizations. Purdue is the founding member of the Big Ten Conference and enrolls the largest student body of any individual unive ...
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University Of Chicago Faculty
A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. ''University'' is derived from the Latin phrase ''universitas magistrorum et scholarium'', which roughly means "community of teachers and scholars". Universities typically offer both undergraduate and postgraduate programs. The first universities in Europe were established by Catholic Church monks. The University of Bologna (), Italy, which was founded in 1088, is the first university in the sense of: *being a high degree-awarding institute. *using the word ''universitas'' (which was coined at its foundation). *having independence from the ecclesiastic schools and issuing secular as well as non-secular degrees (with teaching conducted by both clergy and non-clergy): grammar, rhetoric, logic, theology, canon law, notarial law.Hunt Janin: "The university in medieval life, 1179–1499", McFarland, 2008, , p. 55f.de Ridder-Symoens, ...
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Iowa State University Alumni
Iowa () is a state in the Midwestern region of the United States, bordered by the Mississippi River to the east and the Missouri River and Big Sioux River to the west. It is bordered by six states: Wisconsin to the northeast, Illinois to the east and southeast, Missouri to the south, Nebraska to the west, South Dakota to the northwest, and Minnesota to the north. During the 18th and early 19th centuries, Iowa was a part of French Louisiana and Spanish Louisiana; its state flag is patterned after the flag of France. After the Louisiana Purchase, people laid the foundation for an agriculture-based economy in the heart of the Corn Belt. In the latter half of the 20th century, Iowa's agricultural economy transitioned to a diversified economy of advanced manufacturing, processing, financial services, information technology, biotechnology, and green energy production. Iowa is the 26th most extensive in total area and the 31st most populous of the 50 U.S. states, with a ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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1926 Births
Events January * January 3 – Theodoros Pangalos declares himself dictator in Greece. * January 8 **Abdul-Aziz ibn Saud is crowned King of Hejaz. ** Crown Prince Nguyễn Phúc Vĩnh Thuy ascends the throne, the last monarch of Vietnam. * January 12 – Freeman Gosden and Charles Correll premiere their radio program ''Sam 'n' Henry'', in which the two white performers portray two black characters from Harlem looking to strike it rich in the big city (it is a precursor to Gosden and Correll's more popular later program, ''Amos 'n' Andy''). * January 16 – A BBC comic radio play broadcast by Ronald Knox, about a workers' revolution, causes a panic in London. * January 21 – The Belgian Parliament accepts the Locarno Treaties. * January 26 – Scottish inventor John Logie Baird demonstrates a mechanical television system at his London laboratory for members of the Royal Institution and a reporter from ''The Times''. * January 29 – Eugene O'Neill's ...
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Henri Theil
Henri (Hans) Theil (October 13, 1924 – August 20, 2000) was a Dutch econometrician and professor at the Netherlands School of Economics in Rotterdam, known for his contributions to the field of econometrics. Biography Born in Amsterdam, Theil started to study mathematics and physics at Utrecht University in 1942. Later in World War II he was arrested and was imprisoned in Vught. After the war he started to study economics at the Gemeente-Universiteit Amsterdam, where in 1951 he received his PhD under Pieter Hennipman.Raj, Baldev. "Henri Theil’s Biography and his Contributions to Economics and Econometrics: An Overview." Henri Theil’s Contributions to Economics and Econometrics. Springer Netherlands, 1992. 3–16. After graduation Theil started working as researcher for the Bureau for Economic Policy Analysis under Jan Tinbergen. In 1953 he was appointed Professor of Econometrics at the Netherlands School of Economics as successor of Jan Tinbergen. Here he founded the Eco ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., federal district, five major unincorporated territories, nine United States Minor Outlying Islands, Minor Outlying Islands, and 326 Indian reservations. The United States is also in Compact of Free Association, free association with three Oceania, Pacific Island Sovereign state, sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Palau, Republic of Palau. It is the world's List of countries and dependencies by area, third-largest country by both land and total area. It shares land borders Canada–United States border, with Canada to its north and Mexico–United States border, with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the List of ...
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Binghamton University
The State University of New York at Binghamton (Binghamton University or SUNY Binghamton) is a public research university with campuses in Binghamton, Vestal, and Johnson City, New York. It is one of the four university centers in the State University of New York (SUNY) system. As of Fall 2020, 18,128 undergraduate and graduate students attended the university. Since its establishment in 1946, the school has evolved from a small liberal arts college to a large research university. It is classified among "R1: Doctoral Universities – Very high research activity". Binghamton's athletic teams are the Bearcats and they compete in Division I of the National Collegiate Athletic Association (NCAA). The Bearcats are members of the America East Conference. History Establishment Binghamton University was established in 1946 in Endicott, New York, as Triple Cities College to serve the needs of local veterans returning from World War II. Thomas J. Watson, a founding member ...
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