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Econometrics |
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Econometrics The quantitative science of modelling the economy. Econometric models help explain and predict variables of interest. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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It is econometrically difficult to discern an output gap using usual methods when prices are falling and especially when nominal interest rates near zero. Econometrically, we need to check the spurious regression problem proposed by Granger and Newbold (1974) since the integrated orders between the return and time-varying beta are different. I address this issue econometrically in two different ways. |
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