Regression with a Binary Dependent Variable Binary Dependent Variables and the Linear Probability Model • • • Many of the decisions made by people are binary. What factors drive a person’s decision? This question leads to regression with a binary dependent variable. The binary choice problem is an example of models with limited dependent variables (see Appendix 9.3 for details). Note that the multiple regression model discussed earlier does not preclude a dependent variable from being binary
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Inflation & Money Supply Econ 302 Fall Semester Salman Sharoon John 09-15103 Department Of Economics FORMAN CHRISTIAN COLLEGE (A Chartered University) Acknowledgements: I would like to thank Mr. Zahid Iqbal‚ Luqman Saeed & Keizer Xavier for the help and all the time needed in knowing and studying the variables and helping in this research paper. Introduction: Inflation is a burning issue in Pakistan. Pakistan has double digit inflation
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I.INTRODUCTION 1.1 background A large body of facts associates’ financial sector development leads to boost the Ethiopian economic growth or vice versa‚ yet the channels through which inflation affects this relationship are not as much of systematically explored. The effect of inflation occurs through a wide variety of direct and indirect channels. Inflation increases transactions and information costs which directly inhibit economic development. For example‚ economic agents will find planning
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of a learning organization which are as follows: a.) A supportive learning environment b.) A concrete learning processes and practices c.) Leadership that reinforces learning Importance of learning organization in current business context: Ray Stata‚ the confounder and chairman of the board of Analog Devices once quoted “The rate at which organizations learn may become the only sustainable source of competitive advantage.” In highly competitive current business scenario products and services can
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HISTORICAL BACKGROUND OF THE STUDY From a trivial debt stock of $1billion in 1971‚ Nigeria had towards the end of 2005 incurred close to $40 billion debt with over $30 billion of the amount owed the Paris Club alone. Although Nigeria’s debt was more than the total of those of the 18 other poor countries (14 of them African countries) classified as Heavily Indebted Poor Countries (HIPCs)‚ it had been a herculean task convincing the creditors that debt cancellation was the most desirable option. Prior
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The analysis of the global environment of a company is called global environmental analysis. This analysis is part of a company’s analysis-system‚ which also comprises various other analyses‚ like the industry analysis‚ the market analysis and the analyses of companies‚ clients and competitors. This system can be divided into a macro and micro level. Except for the global environmental analysis‚ all other analyses can be found on the micro level. Though‚ the global environmental analysis describes
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output. A procession that a researcher could follow according to M. D. Bordo & J. G. Haubrich (2010) is at first identification of timing‚ duration‚ amplitude and co-movement of cycles in money‚ credit and output and then comparison of them by using econometric techniques. After that very important relations between economic variables could be come out. The contribution of economic history is also essential as there are economic policies affecting business cycle (e.g. they could exacerbate or stop a recession)
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The Ups and Downs of the NYSE Abstract This paper uses an online dataset provided by our Econometrics class that shows the fluctuation in price as well as the return on investments found in the New York Stock Exchange over a certain period of time. In this paper I will demonstrate through the use of Gretl how the return on investment affects the future price of the investment. As well as why fluctuations in price are directly affected by the returns of the investment. Keywords: Price‚ Returns
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An autoregressive distributed lag modeling approach to cointegration analysis‚ in storm‚ S.‚ ed‚ Econometrics and Economic Pesaran‚ M.H.‚ Shin‚ Y.‚ and Smith‚ R.J. (1996). Testing the existence of long-run relationship Pesaran‚ M.H.‚ Shin‚ Y.‚ and Smith‚ R.J. (2001). Bound testing approaches to the analysis of level relationships Philips‚ P.C.B. (1986). Understanding spurious regression in econometrics. Mohd Salleh N.H‚ Hook L.S‚ Ramachandran S. Shuib A. Mohd Noor Z. (2008). Asian Tourism Demand for
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models and cigarette demand 2.2.1 Imperfectly rational addiction models 2.2.2 Myopic addiction models 2.2.3 Rational addiction models 2.2.4 Critiques of the rational addiction model 2.3 Behavioral economic analyses of cigarette demand 2.4 Econometric studies of the demand for other tobacco products 3. Cigarette and other tobacco taxation 3.1 Comparative standards and the effects of tax on price 3.1.1 Purposes and methods of taxation 3.1.2 Effects of taxes on retail price 3.1.3 Variations
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