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

if there is multicollinearity so why we can not estimate the value of parameters?


Consider an equation to explain salaries of CEOs in terms of annual firm sales, return on equity (ROE, in percent form), and return on the firm's stock (ROS, in percent form): L

Choose a share from a market such as LSE, NYSE, NASDAQ, etc. [Data sources could be Datastream, Google Finance or others]. Prepare a report which involves the following aspects:

cost benefit decision invest in college undergraduate 5 years

#question.elaborate the different methods for the estimation of simultaneous equation model in case of exact and over identification?

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.

Discuss the descriptive statistics of total government expenditures and per capita government expenditures. Plot their histograms and comment.