Lab 1, Econometrics II
Dimitris Korobilis
Exercise 5.12
The le cocaine.dat contains 56 observations on variables related to sales
of cocaine powder in northeastern California over the period 1984-1991
Lab 2, Econometrics 2
Exercise 6.14
Following on from the example in Section 6.3, the le hwage.dat contains another subset of
the data used by labor economist Tom Mroz. The variables with which we are
Lab 1 EViews: Multiple Regression
Exercise 5.12
(a) What signs should you expect on the coefcients 2, 3, and 4?
Solution: The expected sign for 2 is negative because, as the number of grams in
a given
EB1 Problem Set 1
1.
Ch1. Ex3. P22
Case A:
Firm
1
2
3
True Cost
100
120
140
150% Cost
150
180
210
Profit under truth
80
0
0
30
10
Profit under
Misrepresentation
Both firm 2 and 3 have the incentive to
Tutorial 31 : Solutions
Background reading Chapter 3 and lecture notes.
ECON4007, FALL 2014
Author: M. Lombardi
Ex p.153
Case 1
1. uA (4,8) = 32 and As MRS at (4,8) is 2. uB (6,2)= 72 and Bs MRS at (6
EB1 Tutorial 2 Suggested Solutions
CH2. Ex7. P123
Let x denote the payoff if caught, and y the payoff if not. Then,
x = 100 100 40% c = 60 c ,
(1.1)
y = 100 (100 c) 40% = 60 + 0.4c .
(1.2)
By equating
Lab 2, Econometrics 2
Dr Dimitris Korobilis
February 5, 2014
1 Exercise 6.14
Following on from the example in Section 6.3, the le hwage.dat contains another subset of the data used by labor economist
Lab 4, Econometrics 2
Dr Dimitris Korobilis
March 5, 2014
1 Exercise 9.13
The le ex9.13.d at contains 157 weekly observations on sales revenue (SALES)
and advertising expenditure (ADV ) in millions of
Lab 3, Econometrics 2
Dr Dimitris Korobilis
February 12, 2013
1 Exercise 7.5
In (7.7) we specied a hedonic model for house price. The dependent variable was the price of the house in dollars. Real est
Econometrics 2, Lab 3
Exercise 7.5
In (7.7) we specied a hedonic model for house price. The dependent variable
was the price of the house in dollars. Real estate economists have found that for
many da
Econometrics 2, Lab 4
Solution:
First, we should structuralize the data
Press Ctrl to select ADV and AVERADV simultaneously Open as group
View Graph Line & Symbol OK
The graph for SALES and ADV follo
Introduction to Eviews
Dr. Dimitris Korobilis
Health warning When using the PCs in the labs make sure you save ALL data les
:
downloaded from Moodle either in your H: or your M: drive. The local C: dr