News tagged with econometrics
Econometrics
Econometrics has been defined as "the application of mathematics and statistical methods to economic data" and described as the branch of economics "that aims to give empirical content to economic relations." More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference." The first known use of the term "econometrics" (in cognate form) was by Paweł Ciompa in 1910. Ragnar Frisch is credited with coining the term in the sense that it is used today.
For more information about Econometrics, read the full article at
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Study shows income inequality a key factor in high US teen births
New research reveals the surprising economics behind the high U.S. teen birth rates, and why Texas teens are giving birth at triple the rate of Massachusetts youth: high income inequality and low opportunity cost.
Other Sciences / Social Sciences
Apr 05, 2012 |
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Role of retail chains in inflation measurement and price dynamics
A study by Columbia Business School Professor Emi Nakamura, Chazen Senior Scholar at The Jerome A. Chazen Institute of International Business at Columbia Business School and David W. Zalaznick Associate Professor of Business, ...
Other Sciences / Economics & Business
Jan 05, 2012 |
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A new system for forecasting the GDP of autonomous regions
A study coordinated by Universidad Carlos III de Madrid proposes a new methodology to carry out quarterly forecasts of GDP evolution in all autonomous regions. This forecast should be related to the budget ...
Other Sciences / Economics & Business
Nov 29, 2011 |
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3Q: As precious metals grow more precious
The value of silver soared to an all-time high last Thursday, and plunged dramatically yesterday, illustrating the constant volatility of the precious-metals market, which includes lustrous commodities like ...
Other Sciences / Economics & Business
May 06, 2011 |
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Explained: Regression analysis
(PhysOrg.com) -- Regression analysis. It sounds like a part of Freudian psychology. In reality, a regression is a seemingly ubiquitous statistical tool appearing in legions of scientific papers, and regression ...
Mar 16, 2010 |
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Might not be a tomorrow: Youth anticipate early death
As Atlanta officials aim to tackle the city's safety problems this year, some of their toughest criminals to stop maybe young offenders whose desires to commit crimes are being fueled by an anticipation of dying early.
Other Sciences / Social Sciences
Jan 13, 2010 |
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Lab-grade economics
(PhysOrg.com) -- Can economists conduct studies with solid scientific foundations? MIT's Joshua Angrist explains how to carry out 'natural experiments' with numbers.
Other Sciences / Economics & Business
Sep 28, 2009 |
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