What is an econometric model

Assignment Help Econometrics
Reference no: EM131139850

a. What is an econometric model?

b. How might one be used?

c. There is always some uncertainty with respect to predictions based on such models. Why? What is the source of this uncertainty?

Reference no: EM131139850

Questions Cloud

Demonstrates either illegal or unethical activity : Conduct some research on a recent case (within the last 10 years or so) that demonstrates either illegal or unethical activity.
Discuss any additional information you want to confirm : Describe three objectives you hope to accomplish in the first session with Aalia and explain why these objectives are important to accomplish in the early stages of the counseling relationship.
Which has the smaller outside lag-fiscal or monetary policy : Which has the smaller outside lag-fiscal or monetary policy?
What the challenges and dilemmas to this ascendancy discuss : What are the reasons that your USFP text cites are likely that the US economy will maintain economic ascendancy in the next two decades? What are the challenges and dilemmas to this ascendancy? Discuss
What is an econometric model : There is always some uncertainty with respect to predictions based on such models. Why? What is the source of this uncertainty?
Write a paper comparing fascist italy to nazi germany : Write a paper comparing Fascist Italy to Nazi Germany. In what ways are they similar? How are they different? What factors allowed these groups to come to power?
Why it is an important environmental justice issue : Explain what inclusionary zoning is and why it is an important environmental justice issue. also explain why you do or do not think your elected official should support inclusionary zoning
What is dynamic inconsistency : What is dynamic inconsistency? Explain intuitively how it might arise in the case of the short-run tradeoff between inflation and unemployment.
Determine the possible range of model depths : Assuming an undistorted river model in which np = 0.022 and yp = 5 ft, determine the possible range of model depths that could be used if nm, can be varied over the range from 0.010 to 0.015.

Reviews

Write a Review

Econometrics Questions & Answers

  Compute the irr for each investment

Consider an investment project with the following cash flows: n Porject A Project B 0 -$150,000 -$120,000 1 $30,000 $25,000 2 $25,000 $15,000 3 $120,000 $110,000 A) Compute the IRR for each investment B) At MARR= 15% determine the acceptability of ..

  How many year system last if return on investment is require

an expenditure of $20000 is made to modifya material handling system.this modification will result 1st year saving of $2000,2nd year saving $4000 and a saving of $5000 per year thereafter.

  Draw a supply curve and two demand curves

Draw a supply curve and two demand curves to represent the two equilibria described.

  Determine how much the consumption of the good will change

Suppose the own priceelasticity of demand for good X is -2, its income elasticity is 3,its advertising elasticity is 4, and the cross- price elasticity ofdemand between it and good Y is -6.

  Discuss the properties of this estimator

Given a sample of n observations, the investigator estimates β2 by calculating it as the average value of Y divided by the average value of X. Discuss the properties of this estimator. What difference would it make if it could be assumed that β1 i..

  Derive an equation for the marginal rate

Derive an equation for the marginal rate of substitution betweenx and y for an individual with these preferences. Interpret theMRS. What is the MRS at the point (xC, yC) = (2.5, 2.5)

  What is the first action you would take as the president

Assume that the country is in a period of high unemployment, interest rates are at almost zero, inflation is about 2% per year, and GDP growth is less than 2% per year. Suggest how fiscal and monetary policy can move those numbers to an acceptable..

  Determine the kentons balance sheet as of january

Kenton Limited began retail operations on January 1, 2008. On that date it issued 10,000 shares of common stock for £50,000. On January 31, Kenton used £48,000 of the proceeds to rent a store, paying in advance for the next two years.

  Find real interest rate which is defined real interest rate

Inflation affects creditors and debtors. Suppose the Canadian debtors borrowed $100 from the Canadian creditors on December 31, 1992 and promised to pay back $105 on December 31, 1993. This is equivalent to paying back a nominal interest rate of 5..

  What is the market-clearing price for the monopolist

The average revenue schedule of a simple monopolist is: Pmkt = 5000-20Q The total cost schedule of the monopolist is: TC = 50Q2 + 100Q; and marginal cost is: MC = 100Q + 100 a) What is the market-clearing price for the monopolist b) How much will t..

  What is the present value of a security that pays you

if the interest rate is 10%, what is the present value of a security that pays you $1100 next year, $1210 the year after, and $1331 the year after if the security sold for $3500, is the yield to maturity greater or less then 10% Why

  Are you being irrational if you keep the copy rather sell

You are willing to pay at most $200 for a copy, but can't find one at that price until one day in a used bookstore you see a copy selling for $10, which you immediately buy. Are you being irrational if you keep the copy rather than sell it?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd