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what is the source of heteroseedasticity
(a) Estimate how much more or less workers on average earn when they work for government as opposed to private sector, holding their characteristics constant. Interpret the finding
what is law of denam?
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
The town of Dusty View, Saskatchewan has only two residents - Justin and Sarah - and has a water supply shortage in the summer. The municipal water utility charges a break even pri
A firm has the certain total revenue (TR) function: TR=(4Q+2) e 4Q where Q is Quantity Find the firm's marginal revenue function.
Following the general methodology used by econometricians as explained in the session for week 1 (eight steps), explain how you would proceed to determine if a good complies with t
energy consumption and economic growth
Need to run MGARCH (system) in SAS or other software. Have data.
In a simple economy, people consume only 2 goods, food and clothing. The market basket of goods used to compute the CPI has 50 units of food and 10 units of clothing.
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