Showing posts with label Econometrics. Show all posts
Showing posts with label Econometrics. Show all posts

Wednesday, 21 June 2017

Specifying Your Econometrics Regression Model

By Roberto Pedace
In econometrics, the regression model is a common starting point of an analysis. As you define your regression model, you need to consider several elements:

Tuesday, 20 June 2017

Typical Problems in Estimation Econometric Models and Their Solutions

By Roberto Pedace

If the classical linear regression model (CLRM) doesn’t work for your data because one of its assumptions doesn’t hold, then you have to address the problem before you can finalize your analysis. Fortunately, one of the primary contributions of econometrics is the development of techniques to address such problems or other complications with the data that make standard model estimation difficult or unreliable.

Monday, 19 June 2017

How to Write Economics Undergraduate Final Year Project – Part IVa

Chapter Three (Research Methodology) 
By Kibash
This chapter is aimed at explaining the methodologies to be adopted in collecting, analyzing, interpreting and drawing conclusions from data used in the research or study. The chapter basically comprises of; the nature and sources of data, population and sample, method of analysis, model specification and sometimes the theoretical framework on which the model is specified.
The major factors that determine the content and nature of this chapter are:
i.                    The research objectives
ii.                  Unit and time dimension of research or scope of the research
iii.                The level of measurement of data (particularly the dependent variable)