The authors demonstrate econometrically
that the graduation rate declines by 4.
Every quarter, the Fair model is econometrically
re-estimated and updated.
Our empirical research is aimed at two main objectives: the first is to test econometrically
whether the mentioned four independent variables are significant for the Russian PAI contestability estimation; the second is to estimate every independent variable with descriptive statistics in order to see whether it is significant for Russian PAI.
It is extremely difficult to correct econometrically
for all the human variations in characteristics, and I believe at least some of the wage differentials that the authors associate with education relate to the fact that typically college graduates are brighter, harder working, and more dependable, than those who leave school after getting a high school diploma.
But, when our analysis econometrically
controls for fixed state and year of birth effects, the relationship between rates of disadvantage and early childbearing is found to be quite modest.
The fact we have had to work so hard to rescue this model, econometrically
speaking, suggests that we should take our equation with a very large pinch of salt.
, the only modification to Hamilton's procedure would be to allow the relevant dummy variables to interact with the slope coefficient in equation (26).
In a seminal paper, Roll (1977) contends that, irrespective of how an index is structured econometrically
, it is impossible to construct a market index that will include all the assets in the universe.
Just as they do in rational expectations models, the cross-equation restrictions that emerge out of models with boundedly rationality and learning provide potentially powerful channels through which key parameters can be econometrically
identified and through which key hypotheses can be econometrically
To capture dynamic relationships in the data that are not modelled by his simple equations, he imposes an econometrically
estimated structure on the disturbances to the model.
The distinction of Lucas's work is that it is based on new (mathematical) techniques coupled to GE theory and is testable econometrically
The updated forecasts also take into account the potential effects of a war with Iraq Such effects have been measured econometrically
for each market and segment, based on the Gulf War experience of 1991, and have been applied to the lodging demand forecasts for the 2nd quarter of 2003.
The familiar own price elasticity of demand equation [eta] = %[DELTA]Q/%[DELTA]P can be rewritten econometrically
The authors construct a computable general equilibrium model that is then estimated econometrically
For example, John Abowd's paper focuses on the employer/employee interface; in particular the old and important labour economics puzzle presented by the finding that only about 40% of the cross sectional variation in earnings can be explained econometrically
by differences in observed characteristics of worker themselves (education, age, sex, etc).