Theil, Henri (1924–2000)
Henri Theil was a highly prolific writer of books and articles in the fields of econometric methods and applied econometrics. His best-known methodological contributions include the method of two-stage least squares, inequality coefficients (for evaluation of forecasting errors), and two measures for income inequality. Most of his other methodological contributions can be found in his Principles of Econometrics (1971). His best-known applied work is on economic forecasting, income inequality, applied demand analysis, and consumption patterns.
KeywordsConsumer demand systems Cowles Commission Distribution-free statistics Econometric equation systems Estimation Florida model Forecasting Gricliches, Z. Income inequality Inequality coefficient Information theory Kendall–Theil estimator Limited information maximum likelihood method Monte Carlo studies Outliers Rational random behaviour Rotterdam model demand system Siegel, A. Simultaneous equations Stabilization policy Statistical decomposition analysis Theil, H. Theil–Sen estimator Three-stage least squares Two-stage least squares
- Davidson, R., and J. MacKinnon. 1993. Estimation and inference in econometrics. New York: Oxford University Press.Google Scholar
- Kendall, M. 1943, 1946. The advanced theory of statistics, vol. 2. London: Griffin.Google Scholar
- Kloek, T. 2002. Henri Theil in Rotterdam, 1953–1966. Amsterdam: Paper presented at the Theil Memorial Conference.Google Scholar
- Radner, R., and Bobkoski, F. 1954. Ch 8. Some recent work of H. Theil on estimation in systems of simultaneous equations. Unpublished discussion paper of the Cowles Commission, vol. 1. Reprinted in Raj and Koerts (1992).Google Scholar
- Raj, B., and J. Koerts. 1992. Henri Theil’s Contributions to Economics and Econometrics. Vol. 3 vols. Dordrecht: Kluwer.Google Scholar