Econometrics

Whether it is between men and women or different races, we live in a world where inequality exists in every corner. The type of inequality I will be focusing on is not between the sexes or races, but between the rich and the poor. As Plutarch once said, “An imbalance between rich and poor is the oldest and most fatal ailment of all republics.” Between the two essays, they provide many similarities and differences in opinion regarding the importance of economic inequality, the access of education…

Abstract: Marketing mix is known to have gotten through a series of changes throughout the years. All the business men taking part in the marketing process are looking for profit, which is attainable by selling value. The current marketing concept states that selling value to customers and by creating strong relationships with them is the most efficient way of earning profits (Kotler, 2014). By selling value to customers we understand that the market is trying to fulfill the exact customer’s…

would be the ideal situation. It is imperative for the company to stay on top of what is going on in both the macroeconomic and microeconomic realm. Econometric techniques can also be employed to provide regression analysis on forecasted numbers. Using a statistically adjusted engineering approach would be my recommendation when using econometric techniques. It allows the independent variables to interact with one another to forecast the dependent variables. For example, it would allow…

Jan Tinbergen, Dutch economist was born April 12 1903 in the Netherlands and passed June 9 1994. He has been remembered and recognized for his benefaction in developing econometrics. Tinbergen’s legacy of ethics began after he earned his doctoral degree in physics from Leiden University. There he studied his favorite subjects, mathematics and theoretical physics. Tinbergen was the eldest of five children; he would be the first in his family to accomplish the winning of a Nobel Prize, coming…

The whole research was based on the individual secondary research. All the statistical data were obtained from the dataset of official statistics. The CPI in Japan and the Indian CPI were drawn from the World Bank Group and the nominal exchange rate came from the IMF. For collecting these data, it is no doubt that the secondary research method was the feasible way in comparison with the primary research. However, there were three limitations of the entire research. The first source of weakness…

Financial Analysis, Financial Modeling, Econometrics, and Microeconomics will help me in gaining knowledge about creating financial models and its analysis. My wish of doing quantitative and qualitative research will also be aided by these subjects. Financial Management, Monetary Theory will help me in learning about managing capital and investment decisions. Combining courses of Financial Economics, Microeconomics, International Economics, and Econometrics will assist me in attaining my short…

in economic growth in developing countries. However, there seems to be no agreement with regard to the direction of causality between these two variables. This study focuses on the causal effect of FDI in Brazilian’s economic growth based on an econometric study with panel data collected during the last three decades, which was a phase in which many of the development countries introduced various political, financial and economic…

Our Earth was once green and full of nature. In a few centuries, technology and human development swiftly influenced our dependence on fossil fuels. Massive consumption of oil, coal, and gas drastically transformed our settlements into powerhouses for further progression. We now have electricity for lighting, gasoline for transportation, and coal for power sources. However, fossil fuels are being consumed at a rate faster than we can recover. The only possible key is to achieve a more balanced…

Chapter3. Development of Lean Indicator 3.1. Introduction 3.2. Existing Inventory leanness Measure 3.2.1. Absolute measures 3.2.2. Standardized measures 3.2.3. Complex measures 3.2.4. Limitations of existing Inventory leanness Measure 3.3. Development of Leanness Indicator 3.4. Implementation of proposed Model 3.4.1. Inventory split between two locations 3.4.2. Policy change…

In the United States, rapid suburbanization has caused a substantial spatial mismatch of jobs and housing. And the growing distance between people and jobs in U.S. metropolitan areas has a negative effect on traffic flow. This phenomenon has resulted in problems such as inefficient energy consumptions, pollutions, and congestion. Urban and transportation planners and policy makers have concerned this adverse effect from the urban growth patterns. Particularly, scholars have begun to consider its…