Abstract
Several themes which are common to both econometrics and psychometrics are surveyed. The themes are illustrated by reference to permanent income hypotheses, simultaneous equation models, adaptive expectations and partial adjustment schemes, and by reference to test score theory, factor analysis, and time-series models.
Similar content being viewed by others
References
Adelman, I., & Morris, C. T.Society, politics, and economic development: a quantitative approach. Baltimore: John Hopkins, 1967.
Anderson, T. W. Some scaling models and estimation procedures in the latent class model. Pp. 9–38 in U. Grenander, editor,Probability and statistics: The Harald Cramér volume. New York: John Wiley, 1959.
Anderson, T. W. The use of factor analysis in the statistical analysis of multiple time series.Psychometrika, 1963,28, 1–25.
Anderson, T. W., & Rubin H. Estimation of the parameters of a single equation in a complete system of stochastic equations.Annals of Mathematical Statistics, 1949,20, 46–63.
Anderson, T. W., & Rubin, H. Statistical inference in factor analysis. In J. Neyman, editor,Proceedings of the Third Berkeley Symposium on Mathematical Statistics and Probability, Vol. V. Berkeley: Univ. California Press, 1956, pp. 111–150.
Balestra, P., & Nerlove, M. Pooling cross section and time series data in the estimation of a dynamic model: the demand for natural gas.Econometrica, 1966,34, 585–612.
Baumol, W.Economic Dynamics, (3d ed.), New York: Macmillan, 1970.
Blalock, H. M., Jr. Multiple indicators and the causal approach to measurement error.American Journal of Sociology, 1969,75, 264–272.
Bodkin, R. Windfall income and consumption. Pp. 175–187 in I. Friend & R. Jones, editors,Consumption and saving, Volume II. Philadelphia: Univ. Pennsylvania Press, 1960.
Bowles, S. Towards an educational production function. Pp. 11–61 in W. L. Hansen, editor,Education, income, and human capital. New York: National Bureau of Economic Research, 1970.
Box, G. E. P., & Jenkins, G. M.Time series analysis: forecasting and control. San Francisco: Holden-Day, 1970.
Brown, T. M. Simultaneous least squares: a distribution free method of equation system structure estimation.International Economic Review. 1960,1, 173–191.
Browne, M. W. Fitting the factor analysis model.Psychometrika, 1969,34, 375–394.
Cain, G. G.Married women in the labor force: An economic analysis. Chicago: Univ. Chicago Press, 1966.
Campbell, D. T., & Stanley, J. C. Experimental and quasi-experimental designs for research in teaching. Chapter 5, pp. 171–246 in N. L. Gage, editor,Handbook of Research on Teaching. New York: Rand-McNally, 1963.
Cattell, R. B. The structuring of change by P-technique and incremental R-technique. Chapter 10, pp. 167–198 in C. W. Harris, editor,Problems in measuring change. Madison: Univ. Wisconsin Press, 1963.
Chow, G. C. Two methods of computing full-information maximum likelihood estimates in simultaneous stochastic equations.International Economic Review, 1968,9, 100–112.
Christ, C. F.Econometric models and methods. New York: John Wiley, 1966.
Costner, H. L. Theory, deduction, and rules of correspondence.American Journal of Sociology, 1969,75, 245–263.
Dhrymes, P. J.Econometrics: Statistical foundations and applications, New York: Harper & Row, 1970.
Duesenberry, J. S., Fromm, G., Klein, L. R., & Kuh, E. editors,The Brookings quarterly econometric model of the United States. Chicago: Rand-McNally, 1965.
Duncan, O. D. Path analysis: sociological examples.American Journal of Sociology, 1966,72 1–16.
Duncan, O. D. Some linear models for two-wave, two-variable panel analysis.Psychological Bulletin, 1969,72, 177–182. (a).
Duncan, O. D. Contingencies in constructing causal models. Chapter 3, pp. 74–112 in E. F. Borgatta, editor.Sociological Methodology 1969. San Francisco: Jossey-Bass, 1969. (b)
Duncan, O. D., Haller, A. O., & Portes, A. Peer influences on aspirations: a reinterpretation.American Journal of Sociology, 1968,74, 119–137.
Eisner, R. The permanent income hypothesis: comment.American Economic Review, 1958,48, 972–990.
Fisher, F. M.The identification problem in econometrics. New York: McGraw-Hill, 1966.
Friedman, M.A theory of the consumption function. Princeton: Princeton Univ. Press, 1957.
Goldberger, A. S., & Olkin, I. A minimum-distance interpretation of limited-information estimation.Econometrica, 1971,39, 635–639.
Griliches, Z. Distributed lags: a survey.Econometrica, 1967,35, 16–49.
Harman, H. H.Modern factor analysis. (2nd ed. rev.) Chicago: Univ. Chicago Press, 1967.
Hood, W. C., & Koopmans, T. C., editors.Studies in econometric method. New York: John Wiley, 1953.
Johnston, J.Econometric methods. New York: McGraw-Hill, 1963.
Jöreskog, K. G.,Statistical estimation in factor analysis: A new technique and its foundation. Stockholm: Almqvist and Wiksell, 1963.
Jöreskog, K. G. Some contributions to maximum likelihood factor analysis,Psychometrika, 1967,32, 443–482.
Jöreskog, K. G. A general approach to confirmatory maximum likelihood factor analysis.Psychometrika, 1969,34, 183–202.
Jöreskog, K. G. A general method for analysis of covariance structures.Biometrika, 1970,57, 239–251.
King, B. F. Market and industry factors in stock price behavior.Journal of Business, 1966,39, 139–190.
Klein, L. R. Estimation of interdependent systems in macroeconometrics.Econometrica, 1969,37, 171–192.
Koopmans, T. C., & Reiersøl, O. The identification of structural characteristics.Annals of Mathematical Statistics, 1950,21, 165–181.
Lawley, D. N., & Maxwell, A. E.Factor analysis as a statistical method. London: Butterworths, 1963.
Liviatan, N. Tests of the permanent-income hypothesis based on a reinterview savings survey. Pp. 29–66 in C. F. Christ et al.,Measurement in economics. Stanford: Stanford Univ. Press, 1963.
Lord, F. M., & Novick, M. R.Statistical theory of mental test scores. Reading: Addison-Wesley, 1968.
Madansky, A. Instrumental variables in factor analysis.Psychometrika, 1964,29, 105–113.
Malinvaud, E.Statistical methods of econometrics. Chicago: Rand-McNally, 1966.
Mincer, J. Labor force participation of married women. In National Bureau of Economic Research,Aspects of labor economics. Princeton: Princeton Univ. Press, 1962.
Nerlove, M. Distributed lags and unobserved components in economic time series. Ch. 6, pp. 127–169 in W. Fellner et al.,Ten economic studies in the tradition of Irving Fisher. New York: John Wiley, 1967.
Pelz, D. C., & Andrews, F. M. Detecting causal priorities in panel study data.American Sociological Review, 1964,29, 836–847.
Reid, M. G.Housing and income. Chicago: Univ. Chicago Press, 1962.
Reiersøl, O. On the identifiability of parameters in Thurstone's multiple factor analysis.Psychometrika, 1950,15, 121–149.
Rothenberg, T. J., & Leenders, C. T. Efficient estimation of simultaneous equation systems.Econometrica, 1964,32, 57–76.
Rozelle, R. M., & Campbell, D. T. More plausible rival hypotheses in the cross-lagged panel correlation technique.Psychological Bulletin, 1969,71, 74–80.
Wallis, K. F. Some recent developments in applied econometrics: dynamic models and simultaneous equation systems.Journal of Economic Literature, 1969,7, 771–796.
Watts, H. W. An objective permanent income concept for the household. Yale University: Cowles Foundation for Research in Economics Discussion Paper 99, November 1960.
Werts, C. E. & Linn, R. L. Path analysis: psychological examples.Psychological Bulletin, 1970,74, 193–212.
Wright, S. The interpretation of multivariate systems. Chapter 2, pp. 11–33 in O. Kempthorne et al. editors,Statistics and mathematics in biology, Ames: Iowa State College Press, 1954.
Zellner, A. An efficient method of estimating seemingly unrelated regressions and tests for aggregation bias.Journal of the American Statistical Association, 1962,57, 348–368.
Zellner, A. Estimation of regression relationships containing unobservable variables.International Economic Review, 1970,11, 441–454.
Author information
Authors and Affiliations
Rights and permissions
About this article
Cite this article
Goldberger, A.S. Econometrics and psychometrics: A survey of communalities. Psychometrika 36, 83–107 (1971). https://doi.org/10.1007/BF02291392
Received:
Revised:
Issue Date:
DOI: https://doi.org/10.1007/BF02291392