There are six factors that can enhance or weaken an econometrics
text: coverage, lucidity, speed, independence, examples, and
exercises. With clear explanations and a smooth pace, Fumio
Hayashi's Econometrics succeeds as a solid first-year
graduate text. The ample empirical applications examples reflect
the author's research interest—applied
econometrics—and make the work best suited for students
sharing that interest.
