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Peter Kennedy (economist)

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Nationality  Canadian
Education  Queen's University
Died  August 2010
Role  Economist
Name  Peter Kennedy

Peter Kennedy (economist) wwwsfucaarchivesfunewsfilesmisc10pkennedy09
Born  May 18, 1943 (1943-05-18) Toronto, Ontario
Occupation  Professor of Economics at Simon Fraser University
Notable work  A Guide to Econometrics
Books  Macroeconomic Essentials: Understa, Folksongs Of Britain And Ireland, The Fiddler's Tune Book, A Guide to Econometrics, Macroeconomic Essentials for Media

Peter E. Kennedy (1943–2010) was a Canadian economist who taught for many years at the Simon Fraser University. His most famous work was his noted textbook, A Guide to Econometrics. In this guide, and in a subsequent summary article, he produced Ten Commandments of Applied Econometrics. These are that Thou shalt:

  1. Use common sense and economic theory
  2. Ask the right question
  3. Know the context
  4. Inspect the data
  5. Not worship complexity
  6. Look long and hard at thy results
  7. Beware the costs of data mining
  8. Be willing to compromise
  9. Not confuse statistical significance with substance
  10. Confess in the presence of sensitivity.

He was born in Toronto and grew up close by in Port Credit. He was educated at Queen’s University, graduating in 1965, and at the University of Wisconsin-Madison, where took a PhD in 1968. He worked briefly at Cornell University in 1968 before moving to Simon Fraser University that same year. He remained at SFU for the next 43 year and was appointed an emeritus professor in 2008.

Selected publications

  • Kennedy, P. (2008). A Guide to Econometrics (6th ed.). Cambridge, MA: Wiley-Blackwell. 
  • Kennedy, P. (2010). Macroeconomic Essentials: Understanding Economics in the News (3rd ed.). Cambridge, Mass: MIT Press. 
  • Kennedy, P. (2002). "Sinning in the Basement: What Are the Rules? The Ten Commandments of Applied Econometrics". Journal of Economic Surveys. 16 (4): 569–589. doi:10.1111/1467-6419.00179. 
  • References

    Peter Kennedy (economist) Wikipedia