, we would like to honour Andrew Hughes Hallett on the occasion of his 60
birthday. Andrew’s achievements in economics are outstanding and we will return to that again later. Moreover, he has been and still is an excellent supervisor for PhD students, whose work covers a broad range of economics. It is therefore difficult to categorize Andrew in terms of one particular field of economics. Maybe the common ground of anyone who has ever worked with Andrew is that theories always have to be tested empirically. This is why one of the areas this book emphasizes is hypothesis testing. As with Andrew’s work itself, this book covers a wide variety of topics.
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