The Two Variable Linear Model
The Basic Linear Model
The goal of this section is to build a simple model for the non-exact relationship between
two variables Y and X , related by some economic theory. For example, consumption and
Econ471: Applied Econometrics. Walter Sosa Escudero
Rules and suggestions for the class project
An important requisite to pass this class is to prepare a term paper using the techniques studied in this course.
Here are some basic rules and suggestions.
Econ471: Applied Econometrics
Homework 1: The two-variable linear model
Answer key to analytical questions
1. Consider the data shown in the next table, on consumption C and income Y for countries A
and B (measured in do
Econ371: Applied Econometrics
Walter Sosa Escudero
RULES: Read the exam very carefully and answer al l questions. The exam is worth 100 points. The
rst three questions are worth 20 points each, and the last question is worth 40 points. You
Econ471: Intro Applied Econometrics
RULES: Read the exam very carefully and answer all questions. The exam is worth 100 points. The
rst two questions are worth 25 points each, and the last question is worth 50 points. Yo
Extensions and Uses of the
Multiple Linear Model
More general tests of linear restrictions
In the previous chapter we have discussed how to test simple hypothesis involving linear constraints between the coecients of the model, based on `t'