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

  Relationship between the number of police and the crime rate

What do your results in the last question imply about the relationship between the number of police and the crime rate?  Are you confident in these results based on the work you have done?  Why or why not

  Determine what is the percentage change in output

Assume Firm Y's production function is given by the following Cobb Douglas equation: Q = 0.5 x L0.6 x K0.5 where L denotes labor and K denotes capital. a. Does the production function exhibit increasing, decreasing or constant returns to scale Explai..

  What tactics would you use to address the labor surpluses

Based on the transition matrix for ECB, which positions are experiencing a labor surplus or a labor shortage?

  Find the conventional payback period for the project

Find the conventional payback period for the project. Find the discounted-payback period for the project, assuming i = 12%. Compute the net future worth of each project at i=7%.

  Compute the net future worth of each project

Given: Period Project cash flows (n) A B C D 0 $(5,000.00) $(2,000.00) $4,500.00 $(3,500.00) 1 $5,800.00 $(4,400.00) $(6,000.00) $1,000.00 2 $12,400.00 $7,000.00 $2,000.00 $5,000.00 3 $8,200.00 $3,000.00 $4,000.00 $6,000.00  Compute the net future wo..

  Determine the annual effective interest rate

You have just applied for a credit card with the following term and condition: You are to pay 13.9% APR, compounded monthly.If your current balance is $3000 and you skip payments for 2 months, what would be the total balance in your credit card stat..

  Discuss the convexity of the indifference curves

Use this approach to discuss the convexity of the indifference curves for the following three functions.

  How many more trips will you need to buy a boat

A Malibu boat will cost $32,500 when purchased. Gasoline and maintenance will approximately cost $25/hour, and equipment rental will cost $10/hour. The boat will be used for wakeboard instructing and will generate revenue of $100/hour.

  What level of tax would achieve optimal level of pollution

Suppose that the marginal damages to society from air pollution are MD=e-25, where e is the level of air pollution. Suppose also that the marginal cost of reducing the air pollution on the part of firms is MC=200-2e.

  What will the new equilibrium price and quantity be

Assume the market for Florida oranges is in equilibrium. Demand is represented by Qd = 60 - 2P Supply is represented by Qs = 10 + 3P where the quantity is in thousands of pounds.

  What must she expect to happen to short term interest rate

Assume that an investor is risk-neutral (i.e. assume that the investor always chooses the investment with the higher expected rate of return even if it is riskier). If the yield on 1-year marketable CD's is 6% while the yield on 2-year marketable ..

  What is the equivalent uniform annual cost of new buses

anderson county has 35 older-model school buses that will be salvaged for $5,000 each. these buses cost $144,000 per year for fuel and maintenance. now the county will purchase 35 new school buses for $ 40,000 each.

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