Econometric model, Econometrics

Provide a clear statement of the research topic and the underlying relationship that you are modeling. Identify the dependent variable and the independent variables (minimum of 3 independent variables) in your model. Write an equation to specify this model.  Explain the theoretical underpinnings of the model you have specified. Why is it important to study/research the relationship described by the model? Who do you think should be interested in the results?  Based on the theory, explain how each independent variable is expected to affect the dependent variable (i.e., the expected signs for the slope parameters in the model).

Describe how all the variables are defined.

If there are any explanatory variables that are qualitative in nature, define the dummy (or binary) variables that can be used to incorporate these factors into the model.

Explain what type of data you would use to estimate the model - time series, cross-section, or panel data.

Posted Date: 4/1/2013 1:51:26 AM | Location : United States







Related Discussions:- Econometric model, Assignment Help, Ask Question on Econometric model, Get Answer, Expert's Help, Econometric model Discussions

Write discussion on Econometric model
Your posts are moderated
Related Questions
Costs.  a.  Complete the following table.  Total Product (Q) Total Fixed Cost Total Variable Cost Total Cost Average Fixed Cost

Question: (a) Formulate a VAR with 4 lags and also rewrite it in matrix form, mentioning the limitations of such models. (b) What is the rationale behind introducing lag-dep

You are considering a new line of consumer products. You expect revenues of $14 million in each of the next ten years, while expenses are half of revenues (all cash flows are assum

The tab-delimited text file contains daily stock prices for the Brazilian petroleum company Petrobras from 31 December 2008 to 31 December 2009. The data were obtained from yahoo f

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

what is the mathematical origin of durbin watson test for autocorrelation

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


how to calculate equilibrium quantity and price

how do l get a co factor of a matrix