Econometrics

(a) Previous studies on climate change Climate is an essential determinant for agriculture. In regions like Central America, the climate is quite variable and there are problems related to droughts and floods that directly affect food production. Also, climate related insect infestations, weeds and diseases tend to cause damage in developing countries such as those in Central America (Diana et al., 2013). The specific case of South America was addressed by Mendelsohn and Seo (2007). Using data…

In order to conduct my research of student loan debt and its effect on the student, the research process will be broken up into two stages. The first stage will consist of continuing education and taking courses as well as attending conferences related to debt that will directly aid me in my knowledge of the topic and my ability to conduct the study. The second stage will be the start of the study on the Mason campus with the aid of an advisor and mentor. This involves the creation of the…

Criticisms Many famous economists discard the neutrality of money in the short and long run, as well as John Maynard Keynes, Ludwig von Mises and Paul Davidson. The post-Keynesian school and Austrian school of economics also discard it. More than a few econometric studies advise that differences in the money supply move absolute prices over long periods of…

Institutions and the resource curse - Halvor Mehlum, Karl Moene and Ragnar Torvik In the article ‘Institutions and the resource curse,’ Mehlum et al. (2006) contend that the key to explaining the paradoxical result - which often associates natural resource richness with lower economic growth - lies in the condition of a countries institutions. They assert that institutional quality is a barrier, restricting natural resources. Such resources should theoretically increase the wealth of nations…

Sridhar Gogineni in his article The Stock Market Reaction to Oil Price Changes analyzed the stock market’s reaction to oil price changes. Considering the level of interest in oil prices and their supposed impact on the stock market, While the stock market is sensitive to oil price changes, financial media seems to over play the supposed impact of oil prices. Oil price changes most likely caused due to supply shifts, i.e., large price changes over a one-day horizon and price changes during the…

DeMarzo. (2010). <Corporate Finance>, Pearson, 2nd edition Bodie, Kane & Marcus. < Investments>. McGraw-Hill Stock & Watson. < Introduction to Econometrics>, Pearson International Edition Appendix: Regress of CAPM model Dependent Variable: R | | | Method: Least Squares | | | Date: 12/06/12 Time: 13:24 | | | Sample: 1968M02 2005M07 | | | Included observations: 450 | | |…

and blacks have tried and successfully gotten a black man in office as president, racial attitudes during Barack Obama’s campaign still cost him votes, and blacks are still continued to be killed so violence should be given back. “Adopting an econometric approach, and controlling for other major electoral predicators like race, income, sex, age, education and ideology...” (3). Factors such as a person’s race, income, sex, age, education, and ideology can determine who a person who vote for. In…

literature on the effects of natural resources on these kinds of wars by reviewing the relationship that timber plays in these kinds of conflicts by analyzing how percentage of forested area might play a geographic, physical role; and through an econometric analysis of total production of timber and exports of timber, including estimations for illegal exports. This investigation reveals several underlying patterns when it comes to how timber affects the likelihood of onset of civil wars and the…

progression and development can be vigorously reprimanded, with respect to the way in which they mean to set up quantitative measures to think about the levels of advancement crosswise over countries or areas. A typical issue of this nature in econometric studies has been the trouble of guaranteeing that the measure of exchange advancement does not get to be conflated with the measure of exchange volume. At the point when this conflation happens, concentrates on experience the ill effects of…

2. Problem Statement These methods have shortcomings and lack the in depth explanation or causality of the complex Intermarket relationships. Moreover, these methods like neural networks and manual or automated technical analysis assume a fixed relationship and do not accommodate well to the ever changing dynamics in the global economy and the change in the relationships (divergence/decoupling) between these four markets. Many factors influence the change in the relationships between these…