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A theoretical model attempts to identify every possible determinant of an event.
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- Which of the following is true about ARIMA models A. ARIMA models cannot be used for seasonal data B. ARIMA models are always better than other forecasting models C. ARIMA models include three parts, AR, MA, and I D. None of the aboveWhat would each scenario be following the lemiux model? Do 10. 8. 6explain what is post heckscher-ohlin model?
- Consider the following Model (notation is standard):C=c(y-τ) I=i(r) y = C+I+G Md/P = L(y, r) Md= Ms=My = f(n) n = h(W/P) f´(n) = W/P Calculate the effects of a change in τ on C, I, r, y and P.Explain when fixed effects, random effects or pooled OLS models are usually used.Explain the use of econometrics in context with forecasting and policymaking by using some suitable hypothetical example. How SRF and PRF lead to the difference between error and residual? Elaborate with appropriate graphical representation.
- Two differences between the prediction of the model with myopic agents and the predictions of the model with forward looking agents?If OLS is used in the presence of autocorrelation, which of the following will be likely consequences? i) Coefficient estimates may be misleading ii) Hypothesis tests could reach the wrong conclusions iii) Forecasts made from the model could be biased iv) Standard errors may inappropriate Answers: a- (ii) and (iv) b- (i) and (iii) c- (i), (ii), (iii) and (iv) d- (i), (ii) and (iii)Finding a solution to this problem is hard because I’m not exactly sure how to generalize the cournot model. Could I have help please.
- Is there any empirical evidence to support the prediction of gravity model? ExplainSpatial Resolution: Regionally specific fine-scale features and changes are difficult to capture in global climate models since they usually operate at coarse spatial resolutions. The inability to produce precise and comprehensive forecasts for localised consequences is a result of this restriction. Generate a hypothesis related to this problemQUESTION 6 Which one of the following statements about the modified Stackleberg model is correct? A. None of the other statements is correct. B. Entry accomodation is always more profitable than entry deterrence. C. Whether entry deterrence is more profitable than entry accomodation can depend on the size of the fixed cost. D. Entry deterrence is always more profitable than entry accomodation.