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Explain the effect of the dummy variable in the TGARCH model. Why does it enter variance equation in multiplicative form, and what is the rationale behind this?
Explain the meaning of asymmetries in news, and provide appropriate specifications for GARCH models that can capture these effects.
What are their labor policies and discuss if they act responsibility to their employees. Discuss the concept of fair trade practices in your research.
What is the main economic story of the reading?
What is the opportunity cost of producing a car in Canada? What is the opportunity cost of producing a bushel of wheat in Canada?
Use this information to calculate Ascot's GNP, the GDP per capita in Ascot, and the GNP per capita in Delwich.
Your task for the Term Paper is to analyze the issue described in the article using the economic concepts and theory learned in this class.
Discuss the role of demographics in relationship to integrated marketing communications.
Show how the plug in solution can resolve the omitted variable bias. Provide an example from the economic theory.
Find summary statistics for the above-mentioned variables and discuss them. Use the Box-Cox transformation to decide which of two models is more appropriate.
Describe the steps of the DW test for autocorrelation. What are its disadvantages and which alternative tests can you suggest?
Explain the consequences of autocorrelation and how they can be resolved when ? is known.
Define heteroskedasticity and provide examples of econometric models where heteroskedasticity is likely to exist.
Discuss and show mathematically the problem of interpreting the estimated coefficients.
Estimate a regression that includes only fam_inc, and comment on your results. Estimate a regression that includes only cig and comment on your results.
An outlier is an observation that is very far from the sample regression function. How will the estimated slope coefficient change? How will R2 change? Explain.
Why would the elasticity of the aggregate crime curve matter and, based on this, how do you think this policy would impact the murder rate in practice?
The production function for rubber ducks is not given, but we know that it does not violate any axioms. Explain and draw a graph that illustrates your answer.
Is it reasonable to charge Pronto's salesforce with simultaneously building and holding market share? What are pros and cons of John Rickles' five-point plan?
Explain, and illustrate graphically, how price ceiling would affect the markets for crude oil and for gasoline in the United States and in the European Union.
What are one example of a monopolistically competitive firm, oligopoly, and monopoly in NJ?
What should happen to the pay of superstars if there is a technological change or increased globalization that enables the very best to reach a wider audience?
What is the difference between a prescaler and a postscaler? What feature on a PIC MCU allows the...
How does a TV broadcast have characteristics of a public good? What about specialty cable services such as the Discovery Channel?
At what price is the price elasticity of demand equal to zero? When the price elasticity of demand equal to 1, what's the quantity being demand at that point?