Middle East Technical University  Kuzey Kıbrıs Campus
labor economic
ECONOMY econ 498

Summer 2016
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Middle East Technical University  Kuzey Kıbrıs Campus
labor economic
ECONOMY econ 498

Summer 2016
2015 2016 Fall
METU Department of Economics
Econ301 ( Section 1 & 2)
Instructors: Dilem Yldrm & Nadir cal
TA: Abdullah Glc
PROBLEM SET 2: SIMPLE LINEAR REGRESSION MODEL II
QUESTION 1: Glistan and Ouzhan are two economics students who take the macroeconomi
Middle East Technical University  Kuzey Kıbrıs Campus
labor economic
ECONOMY econ 498

Summer 2016
2015 2016 Fall
METU Department of Economics
Econ301 ( Section 1 & 2)
Instructors: Dilem Yldrm & Nadir cal
TA: Abdullah Glc
PROBLEM SET 1: SIMPLE LINEAR REGRESSION MODEL
(Hint: Even if R2 can be negative, assume that 1>R2>0 )
1
QUESTION 5:
a) Let 0 and 1 b
Middle East Technical University  Kuzey Kıbrıs Campus
labor economic
ECONOMY econ 498

Summer 2016
MATH 260 BASIC LINEAR ALGEBRA
Problem set 1 (Matrices, operations on matrices. Row equivalence and invertibility)
1 3 1
1. Compute 2 + 3 for = [ 0 2 2].
1
1 0
1
1 2 2
2. For the matrices = [2 1 1], = [
] and = [1] find all possible triple products.
1 1
0
Middle East Technical University  Kuzey Kıbrıs Campus
labor economic
ECONOMY econ 498

Summer 2016
METU Department of Economics
2015 2016 Fall
Econ301 ( Section 1 & 2)
Instructors: Dilem Yldrm & Nadir cal
TA: Abdullah Glc
PROBLEM SET 6: MODEL SELECTION AND SPECIFICATION ERROR
QUESTION 5: A researcher has assigned one of his companions to search the det
Middle East Technical University  Kuzey Kıbrıs Campus
labor economic
ECONOMY econ 498

Summer 2016
nsan Tunal
Econ 320: Labor Economics
19 April 2016
ASSIGNMENT 8 Answer Key
Part I. Problems from Borjas
61. Debbie is about to choose a career path. She has narrowed her options to two alternatives.
She can either become a marine biologist or a concert p
Middle East Technical University  Kuzey Kıbrıs Campus
advanced macro
ECONOMY econ 430

Summer 2016
Time Inconsistency and the Ination Bias
Notes for 14.02 Spring 2014
April 29 2014
Abstract
Start from the Phillips curve
y = yn + b( e )
where b is a positive parameter. Assume the central bank can directly control ination, .
It decides the optimal inatio
Middle East Technical University  Kuzey Kıbrıs Campus
advanced macro
ECONOMY econ 430

Summer 2016
Country Subject DesUnits
Scale
Argentina Total inves Percent of GDP
Australia Total inves Percent of GDP
Austria
Total inves Percent of GDP
Belgium Total inves Percent of GDP
Bolivia
Total inves Percent of GDP
Bosnia andTotal inves Percent of GDP
Brazil
T
Middle East Technical University  Kuzey Kıbrıs Campus
advanced macro
ECONOMY econ 430

Summer 2016
METU NCC Economics Programme
ECO 306 Monetary Theory and Policy
Spring 2014
Erdal zmen
THE QUANTITY THEORY OF MONEY
"Despite two centuries of debate, the theory remains imprecisely expressed. . Precisely
what is meant by the QTM? Does it apply to any comm
Middle East Technical University  Kuzey Kıbrıs Campus
advanced macro
ECONOMY econ 430

Summer 2016
Main Issues in the Global Economy
by
Nouriel Roubini
Stern School of Business
New York University
September 2015
InternationalMacroeconomicPolicy:
TheoryandEvidencefromRecent
FinancialCrises
Westudymacroeconomicdevelopments:growth,
unemployment,consumpti
Middle East Technical University  Kuzey Kıbrıs Campus
advanced macro
ECONOMY econ 430

Summer 2016
BUDGET DEFICITS AND INFLATION
i) Closed Economy: Unpleasant Monetarist Arithmetic
Consider the following GNP (Y) identities:
Y = C + I + G + CA
S = I + CA .
(SPt  IPt) + (SGt  IGt) = CAt.
where Y = GNP, C = Private consumption, I = Investment, G = Gover