Unlock the power of econometrics with insights on key models and tools that help explain and forecast economic trends. Perfect for both beginners and advanced researchers.
Multivariate time series models analyze interdependencies among economic variables, capturing short-term effects and long-term relationships. Tools like VAR and VECM are essential for forecasting and
Discover how logit and probit models analyze binary outcomes like voting behavior or purchase decisions. These econometric tools estimate probabilities effectively, offering critical insights across
Explore how distributed lag models help analyze delayed relationships between variables over time. Learn how these models capture the gradual impact of economic shocks and
Discover how instrumental variables address the challenge of endogeneity in econometrics by isolating exogenous variation in independent variables. Learn their importance, key characteristics, and practical