## auxiliary regression, Econometrics

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Why use auxiliary regression? What are the benefits of using it?

#### Indifference curves, Assume that the allowance Peter receives from parents ...

Assume that the allowance Peter receives from parents is his only income.  He used to spend \$30 a month to buy Coke at \$.60 per can.  Coke is an inferior good for Peter.  Further a

#### Public economics, question number one

question number one

#### SIMALTABEOUS, PROOF THAT E(XU) DIFFERENT FROM ZERO.

PROOF THAT E(XU) DIFFERENT FROM ZERO.

#### Equation prove, prove that summation k =0 and summation kxi=1

prove that summation k =0 and summation kxi=1

#### What is the problem with this regression, (a) Describe all tests that you n...

(a) Describe all tests that you need to undertake prior to working with time series data. (b) Consider the following regression result: Standard Errors: (6.7525)

#### Elasticity, Assume the price elasticity of cigarettes is 0.25. By how much ...

Assume the price elasticity of cigarettes is 0.25. By how much would prices have to increase to get a 20% reduction on smoking?

#### Identify the parameters of this model, Consider a Simple Linear Regression ...

Consider a Simple Linear Regression Model (SLRM) of the form y= a1+a2X+e where e ~  N(0,σ 2 )(Use the assumptions outlined in our class and available for review in the lecture note

#### Explain cournot and collusion curve , For each pair of terms/concepts, defi...

For each pair of terms/concepts, define each term/concept and explain the relationship between them. The ideal answer is three sentences. One for each definition and one for the re

#### Revaluation of currency, what are the econometric models supporting currenc...

what are the econometric models supporting currency revaluation and their application

#### Differentiate between linear and log-linear model, Problem: (a) Differe...

Problem: (a) Differentiate between linear and log-linear model. (b) Distinguish between type I and type II errors. (c) (i) A bulb manufacturer claims that its bulbs last