USE OF THE SIMPLE LINEAR REGRESSION MODEL IN MACRO-ECONOMICAL ANALYSES
Journal Title: Revista Romana de Statistica - Year 2011, Vol 59, Issue 9
Abstract
The article presents the fundamental aspects of the linear regression, as a toolbox which can be used in macroeconomic analyses. The article describes the estimation of the parameters, the statistical tests used, the homoscesasticity and heteroskedasticity. The use of econometrics instrument in macroeconomics is an important factor that guarantees the quality of the models, analyses, results and possible interpretation that can be drawn at this level.
Authors and Affiliations
Constantin ANGHELACHE
Keywords
Related Articles
- EP ID EP155621
- DOI -
- Views 219
- Downloads 0
Diagnosis of the Financial-Banking Risk
The analysis of risk takes into account the identification of the risk sources, the measurement of risk by using appropriate methods, and several adjustment procedures destined to eliminate risk.
Aspecte teoretice şi metodologice privind analiza statistică a fenomenelor economice şi sociale la nivel regional
Statistics characterize the phenomenon studied depending on their time, place and forms of economic-social organization of collectivities they belong to. In this paper, we assume to emphasize some peculiar aspects that a...
Application Of Some Locational Models in Natural Resources Industry – Agriculture Case
Nowadays large scale, uncertainty and multiple objectives appear increasingly in decision processes. One of the very important strategic decision for starting a business is where to locate facility. Application of operat...
Reforming the Eurozone
In the heat of the debt crisis, German Chancellor Angela Merkel made an admission that clarified for many the stark choices facing Europe: rolling government debt too far into the future was no longer an option for Germa...
Statistical-Econometric Models used in Economic Analysis
Regression and correlation method indicates how the characteristic result of „Y” changes in conditions where the characteristics of values „X” changes. The goal of regression is to identify the mathematical relationship...