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Brie?y describe the preference reversal phenomenon, and explain how Grether and Plott's (1979) experimental design deals with anchoring as one of its possible causes. Using a dr
Gruen&Pagan(1999) "The Phillisp Curve in Australia" identified that NAIRU is non-constant over the period. Provide an econometrics evaluation of the claim that NAIRU is non constan
Assume the price elasticity of cigarettes is 0.25. By how much would prices have to increase to get a 20% reduction on smoking?
How will government regulation impact decision making
given the formula for f statistic prove that by using the f statistic you can derive this formula
#question.elaborate the different methods for the estimation of simultaneous equation model in case of exact and over identification?
The tab-delimited text file C359A1S1Q2.txt contains daily prices for the South Korean Stock Exchange Index (KOSPI) from 4/7/2006 (observation 1) to 11/6/2010 (observation 977). Alt
You have won a contest and are allowed to choose between two prizes. One option is to receive $200 now and another $200 a year from now. The second option is $150 now and $255 a
Your firm will produce widgets for the next 10 years (starting at t=1). Annual revenue from selling widgets is $20,000. Production requires an initial outlay (at t=0) for machin
Models of time series
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