ECONOMETRIC MODELLING
Project Requirements
Structure of the project:
1. One-equation model (min. 3 explanatory variables + intercept term).
Economic model
- Econometric model
- Data set
- Estimation of parameters (SW Gretl)
- Verification of paramete
2. Modification of one-equation model into simultaneous model.
- Economic model
- Econometric model
- Data set
- Estimation of parameters using TSLSM (SW Gretl)
- Verification of parameters
- Application of model
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