Atsushi Maki has written: 'Introduction to estimating economic models' -- subject(s): Methodology, Economics, Econometric models
1-State the theory or hypothesis.2-Specify the mathematical model of the theory.3-Specify the econometric model.4-Obtain the data.5-Estimate the parameters of the econometric model.6-Test the hypothesis.7-Forecasting or predicting.8-Conclusions.
Paul Downward has written: 'Applied economics' -- subject(s): Critical realism, Econometric models, Economic, Economics, Methodology, Philosophy, Sociological aspects, Sociological aspects of Economic
Econometric models are also called regression models.
David A Moser has written: 'A guide for using the contingent value methodology in recreation studies / by David A. Moser, C. Mark Dunning' -- subject(s): Handbooks, manuals, Econometric models, Recreation areas, Outdoor recreation
Timotheos Angelidis has written: 'Econometric modeling of value at risk' -- subject(s): Econometric models, Risk management, Value
J. Eric Fredland has written: 'Econometric models of the housing sector' -- subject(s): Econometric models, Housing
Antti Ripatti has written: 'Econometric modelling of the demand for money in Finland' -- subject(s): Demand for money, Econometric models
disadvantade of economertics
econometric is the mixer of statistics, mathematics and economics.
When discussing the steps of econometric methodology, start with the formulation of a clear research question or hypothesis that you want to test. Next, specify the econometric model that captures the relationship between variables, ensuring to consider the appropriate functional form. Then, collect and preprocess the data, followed by estimating the model using suitable techniques such as Ordinary Least Squares (OLS) or Instrumental Variables (IV). Finally, interpret the results, conduct robustness checks, and consider potential limitations or biases in your findings.
research instrument in research methodology is a research instrument in research methodology.