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Econometrics
(redirected from econometric)

    Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
Econometrics
The quantitative science of modelling the economy. Econometric models help explain and predict variables of interest.
Econometrics
The use of mathematics to assess economic data. There are two broad subdivisions in econometrics. Theoretical econometrics uses statistics to find strengths or weaknesses of an economic model considered on its own terms. Applied econometrics, on the other hand, considers how well a model conforms to real life data. For example, one may look at average wages for those with different levels of education to determine whether or not higher education is cost effective.
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office, industrial and retail markets continued to climb but at a slower pace in 3Q 2009, while the rate for multi-family properties remained steady, according to the latest analysis from CBRE Econometric Advisors (formerly CBRE Torto Wheaton Research).
The worst is behind us, says CBRE as US vacancy slows by Real Estate Weekly
This year's discussion began with a review of the latest forecast based on the econometric model of the United States developed by Indiana University's Center for Econometric Model Research (CEMR).
Outlook for 2008 by Conover, Jerry N. / Indiana Business Review
Only 22% of the 531 municipalities surveyed used econometric methods to forecast for at least one of their revenue sources, and the method was often used to estimate sales tax.
Revenue estimation practices in the U.S. municipal governments: ... by Jung, Changhoon; Kang, Myeongjoo / Journal of the Alabama Academy of Science
 
 
 
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