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What secondary type of data is used in econometric models?

Updated: 8/11/2023
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EncofBizandFinance

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13y ago

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Economic forecasting models predominantly use time-series data, where the values of the variables change over time.

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13y ago
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13y ago

Additionally, cross-section data, which capture the relationship between variables at a single point in time, are used.

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Q: What secondary type of data is used in econometric models?
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