This class was created by Brainscape user Spencer Downey. Visit their profile to learn more about the creator.

Decks in this class (16)

Probabilities
Event 1,
Trial 2,
Independent events 3
15  cards
Randomness
Random variable 1,
Probability distribution 2,
Population 3
7  cards
Statistics
Statistic 1,
Mean 2,
Median 3
15  cards
Hypotheses
Null hypothesis 1,
Alternative hypothesis 2,
P value 3
7  cards
Goals of Econometric Analysis
Hypothesis testing 1,
Forecasting 2,
Sensitivity analysis 3
3  cards
Desirable Estimator Properties: Unbiased Coefficient Estimate
Definition 1,
Interpretation 2,
Implications of absence for hypot...
5  cards
Desirable Estimator Properties: Consistent Coefficient Estimate
Definition 1,
Interpretation 2,
Implications of absence hypothesi...
5  cards
Desirable Estimator Properties: Efficient Coefficient Estimate
Definition 1,
Interpretation 2,
Implications of absence for hypot...
5  cards
Desirable Estimator Properties: Unbiased Standard Error Estimate
Definition 1,
Interpretation 2,
Implications of absence for hypot...
5  cards
Estimation Procedure Assumptions: Gauss-Markov Assumptions
Orthogonality 1,
Spherical errors 2,
Exogeneity 3
5  cards
Single Equation Models
Ordinary least squares ols assump...,
Non linear least squares nls assu...,
Weighted least squares wls assump...
7  cards
Multiple Equation Models
Simultaneous equations assumptions 1,
Seemingly unrelated regression su...,
Logit probit tobit assumptions 3
3  cards
Statistical Anomalies (by order of severity)
Minor anomalies 1,
Moderate anomalies 2,
Major anomalies 3
4  cards
The Minor Anomalies
Multicollinearity 1,
Extraneous regressor 2,
Serial correlation 3
4  cards
The Moderate Anomalies
Suppressor variables 1,
Heteroskedasticity 2,
Omitted regressor model misspecif...
7  cards
The Major Anomalies
Non stationarity 1,
Invalid restrictions 2,
Binary dependent variable 3
7  cards

More about
Forecasting

  • Class purpose General learning

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