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We recommend a major shift in the Econometrics curriculum for both graduate and undergraduate teaching. It is essential … conducting empirical macroeconomic research. We focus on a new approach to macro-econometrics teaching, since even undergraduate … econometrics courses must include analytical methods for time series that exhibit both evolution from stochastic trends and abrupt …
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statistics and econometrics literatures. It has by now reached a level of maturity that makes it an important tool in many areas …
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both the statistics and econometrics literatures. It has by now reached a level of maturity that makes it an important tool …
Persistent link: https://www.econbiz.de/10012464396
We offer simple quasi-likelihood methods for estimating regression models with a fractional dependent variable and for performing asymptotically valid inference. Compared with log-odds type procedures, there is no difficulty in recovering the regression function for the fractional variable, and...
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