Gretl — econometrics made easy

15 Feb, 2020 at 15:24 | Posted in Statistics & Econometrics | 1 Comment

 

Thanks to Allin Cottrell and Riccardo Lucchetti we today have access to a high-quality​ tool for doing and teaching econometrics — Gretl. And, best of all, it is totally free!

Gretl is up to the tasks you may have, so why spend money on expensive commercial programs?

The latest snapshot version of Gretl can be downloaded here.

[And yes, I do know there’s another fabulously good and free program — R. But R hasn’t got as nifty a GUI as Gretl — and at least for students, it’s more difficult to learn to handle and program. I do think it’s preferable when students are going to learn some basic econometrics to use Gretl so that they can concentrate more on ‘content’ rather than on ‘technique.’]

1 Comment

  1. That looks lovely. If only I didn’t have to do a little bit of linear programming alongside a little bit of OLS in my Quant Methods course, I could have used Gretl instead of Excel and R.

    Since I am teaching the same eight students Econometrics, but due to the virus the first six weeks at least will be online, I am now sorely tempted to use Gretl for Econometrics and reserve R for the course where they have to do linear programming.


Sorry, the comment form is closed at this time.

Blog at WordPress.com.
Entries and comments feeds.