hat economists turn to econometrics. econometrics uses economic theory, mathematics, and sta-tistical infe. ence to quantify economic phenomena. In other words, it turns theoretical economic models into …

‘Econometric methods may he classified into two grovps .(i) Single-equation techniques, whichare methods that are applied to one relationship attime, and (i) Simultaneous equation tecniques, which …

Econometrics deals with the measurement of economic relationships. It is an integration of economics, mathematical economics and statistics with an objective to provide numerical values to the …

The goal of any econometric analysis is to estimate the parameters in the model and to test hypotheses about these parameters; the values and signs of the parameters determine the validity of an …

Overview: This is an intermediate level, Ph.D. course in Applied Econometrics. Topics to be studied include specification, estimation, and inference in the context of models that include then extend …

By postponing the econometric analysis of time series data, I am able to put proper focus on the potential pitfalls in analyzing time series data that do not arise with cross-sectional data. In effect, …

Usually we want to know the causal e¤ect of one variable on another For instance we might ask the question how much extra income do people receive if they have had one more year of education all …