Skip to main content
econometrician

econometrician

1 9.9
A person who uses math and statistics to study data about money and business
  • noun
  • /ˌiːkəˌnəʊməˈtrɪʃən/
  • Specialized
translation icon : econometrista
  • Models like the random coefficient model are used by econometricians to capture heterogeneity but restrict it to differences in the intercept.

Examples

  • At the conference, the econometrician presented a model that predicts market trends effectively.

  • So, you know, econometricians usually maximize logs for regions like this.

  • The capital gains accruing to investors who sold this stock, in the econometrician's world, would be no different from the ordinary income earned from dividends.

    Academic text (1991)
  • There are, of course, minor differences in the way econometricians look at demand; for example, demand arising from the creation of new money can be regarded as either the source of new output or merely of inflation.

    Academic text (1991)
  • As real oil prices remained high and volatile, and ready access to oil supplies uncertain, econometricians became interested in integrating energy into their models in a more systematic way.

    Academic text (1991)
  • Where researchers used datasets with a few dozen observations, modern applied econometricians now often draw upon datasets boasting millions of detailed micro-level observations.

    Blog text (6)
  • In this Macro Focus, our resident time-series econometrician, James Morley*, explains what is currently meant by "modern" macroeconomics, what is behind its failure, and what can be done to rehabilitate its reputation.

    Blog text (16)
  • Econometricians use econometricians statistical methods to analyze complex economic data and provide insights.

  • Many econometricians rely on large datasets to make precise forecasts about economic conditions.

Synonyms

econometrist
vseconometrician
  • Specialized
9.9

A person who uses math and numbers to study the economy

includes analyzing economic problems as well as studying data

Surface Forms

Morphology

econometrician = econometric (semi-transparent) = econometric + ian

The suffix '-ian' clearly marks a person associated with a field, but the base 'econometric' is a technical adjective derived from 'econometrics', so full understanding requires subject knowledge.

Etymology

The word econometrician comes from economy, meaning 'the system of money and work', and metric, meaning 'measure', plus the ending -ian, meaning 'person'. So, an econometrician is 'a person who measures the economy' and uses math and data to study economic problems.