framework of the Master’s thesis. The course pays ample attention to the intuition and the applicability of a variety of econometric techniques that are widely used in contemporary empirical research. Reference will be made to many real world examples from the corporate finance and asset pricing literature. The classes intend to provide hands on experience with the econometric package STATA and will focus on a careful interpretation of the empirical results obtained. Content of the course Event
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ECON 3208/3291 Econometric Methods Tutorial 1 (tutorials to be held in week 2) The purpose of the following problem is to review some of the essential material covered in the Intro course. In an attempt to better understand the determinants of tobacco demand‚ consider the following specification of a demand function for daily cigarette consumption: CIGSi = β1 + β2 LINCOMEi + β3 LPRICEi + β4 EDUCi + β5 AGEi + β6 AGESQi + ui where i denotes individuals. This model is estimated using a sample
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theory of statistics (index numbers‚ distributed lags). These contributions are reflected in such works as The Nature of Capital and Income (1906)‚ The Theory of Interest (1907)‚ The Purchasing Power of Money (1911) -a great pioneering venture in econometrics - and The Making of Index Numbers (1922). In the Making of Index Numbers‚ Fisher tested many of the formulas introduced in this chapter by the criteria also discussed here. The few formulas that got superlative ratings (such as the Edgeworth index and
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Topic 1 Introduction UBEQ 2013 Basic Econometrics January 2015/16: Week 1 1 1.1 What is Econometrics? Econometrics is an amalgam (a mixture) of (i) economic theory‚ (ii) mathematical economics‚ (iii) economic statistics‚ and (iv) mathematical statistics. UBEQ 2013 Basic Econometrics January 2015/16: Week 1 2 1.2 Why Econometrics? Economic theory makes statements or hypotheses that are mostly qualitative. Example: In theory of demand‚ a reduction in the price of a commodity is expected to
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Final Reflection Senior Project The senior project‚ the project all seniors dread as they enter their very last year of high school. Although the projects seem pointless at the time‚ once you begin it and really try to do your best‚ you realize the reasons behind it. I’m sure there were many reasons‚ but the ones that I came up with are actually rather simple. When you leave high school‚ you have many choices with what you can do with your life. You can go to college‚ go into the force
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SHAH ALAMFACULTY OF CIVIL ENGINEERINGBACHELOR OF ENGINEERING (HONS.) CIVIL(EC 220) | | ENGINEERS IN SOCIETY(ECM507) | | ABANDONED PROJECT AT HULU KLANG | GROUP : EC220 7N | PREPARED BY | : | MUHAMMAD ZULHILMI BIN ABD RAHPALAHMAD DHIYAUL ISLAM BIN MOHAMMADKHAIRUL IZWAN BIN AMERRUDDINMUHAMAD AIZAT BIN ARBAIE | 2011818624201129752620114649942011222944 | | PREPARED FOR | : | Ir Abdul Halim bin Abdul Ghani | DATE | : | 13 MAY 2013 | Table of Content No | Topics |
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Statistical Preliminary 1. Measure of central tendency and dispersion Mean of a group of number is the average value of these numbers. Median is the number that is in the middle when you order these numbers in ascending order. It is probably immediate to you that the order doesn’t have to be ascending. A tricky question is what the median is when the total number of the numbers is even. In that case‚ you just take the average of the two numbers that are in the middle. For example‚ suppose
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Martin‚ V. L. Are all crisis alike? Working Paper‚ 2008. Assessed at: http://dungey.bigpondhosting.com [7] Gonzalo‚ J. Five alternative methods of estimating long-run equilibrium relationships”‚ Journal of Econometrics‚ 1994‚ 60: 203-33. [8] Granger‚ C. W. Investigating causal relations by econometric and cross-sectional method‚ Econometrica‚ 1969‚ 37(3)‚ 424-438. [9] He‚ D.‚ Cheung‚ L. and Chang‚ J. Sense and nonsense on Asia’s export dependency and decoupling thesis. Working Paper 03‚ Hong Kong Monetary
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On Investigatory Projects in Science For the past several months‚ we notice that our guestbook has been receiving several requests for investigatory projects in science (physics‚ chemistry‚ biology‚ etc). Some are asking only for ideas‚ while others simply want everything be done for them (abstract‚ methodology‚ etc). In lieu with this‚ we are issuing this advisory to all our visitors especially to the very eager young Filipino high school students out there. The truth is‚ the Internet is NOT
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Practice Questions and Past Exam Questions Question 1: Short answer questions. (a). It is widely accepted that empirical distributions of returns of various financial assets exhibit leptokurtosis. Explain what leptokurtosis is and how one can verify whether a certain empirical distribution is leptokurtic or not. (b). Fama-French three factor model attempts to explain the excess return on a certain asset in terms of three explanatory variables. This model includes two additional explanatory variables
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