Heteroskedasticity - Study guides, Class notes & Summaries

A summary of Term 1 Quantitative Economics and Econometrics UCL 21/22 taught by Dennis Kristensen. Topics include: simple and multiple linear regression, sampling, large sample inference, further issues with MLR, qualitative information and dummy variables, heteroskedasticity, specification and data issues, and panel data methods. Final mark: 76%

Summary of Term 2 taught in ECON0019 (Year 2021/2022) Detailed notes from lecture notes, textbooks and other materials. Topics covered include: 1) Potential Outcomes and Experiments, 2) Instrumental Variables I, 3) Instrumental Variables II, 4) Simultaneous Equations Models, 5) Limited Dependent Variables I, 6) Limited Dependent Variables II, 7) Limited Dependent Variables III, 8) Limited Dependent Variables IV and Regression with Time Series I, 9) Regression with Time Series III and 10) S...

Summary of Term 1 taught in ECON0019 (Year 2021/2022) Detailed notes from lecture notes, textbooks and other materials. Topics covered include: 1) Simple Linear Regression (SLR), 2) Multiple Linear Regression (MLR), 3) Finite Sample Inference in MLR, 4) Large-Sample Inference in MLR, 5) MLR with Qualitative Information, 6) Heteroskedasticity, 7) More on Specification and Data Issues, 8) Pooled Regressions and Panel Data Methods I, 9) Panel Data Methods II and 10) MLR: Further Issues.

Solutions to Exercises in: Probability Primer 1 Chapter 2 The Simple Linear Regression Model 21 Chapter 3 Interval Estimation and Hypothesis Testing 54 Chapter 4 Prediction, Goodness of Fit and Modeling Issues 97 Chapter 5 The Multiple Regression Model 132 Chapter 6 Further Inference in the Multiple Regression Model 178 Chapter 7 Using Indicator Variables 225 Chapter 8 Heteroskedasticity 271 Chapter 9 Regression with Time Series Data: Stationary Variables 308 Chapter 10 Random Regresso...

Getting a 3 variable VAR model from summary(model) output of a VAR(1) model first matrix: first row are coefficients for Xt1, second row are coefficients for Xt2, etc... second matrix is Xt-1, i b/c this is a VAR(1) model last matrix are the constants eta_t is covariance matrix, direct copy (c) Based on the fitted model, is there contemporaneous cross-correlation? Is there lagged cross-correlation? Is there lagged auto-correlation? Explain. contemporaneous cross-correlation is ...

Using the notation of the text, letting β0 = 3.0 and β1=2.0 in a regression model implies that: correct answers Y is expected to increase by 2.0 units if X increases by 1 unit If R^2 = 0.8, then correct answers SSR/TSS = 0.2 In a linear regression the one regressor, the standard error of the regression (SER) is defined as correct answers sqrt(SSR/(n-2)) In the simple linear regression model, the regression slope correct answers indicates by how many units Y increases, given a one unit...

panel data (longitudinal data) correct answers data for multiple entities in which each entity is observed at two or more time periods cross-sectional data correct answers Cross sectional data means that we have data from many units, at one point in time. time series data correct answers Time series data means that we have data from one unit, over many points in time. instrumental variable correct answers An instrumental variable (sometimes called an "instrument" variable) is a third ...

Department of Economics Economics 1123 Harvard University Fall 2020 Midterm Exam 9:00 a.m., Wednesday October 24, 2018 PACKET 2 Solutions in Calibri 11 Part 1 – USE BLUE BOOK #1 (60 points) 1) Consider regressions (1) and (2). a) (5 points) Interpret the coefficient on license in regression (1), in which the dependent variable is wage. The mean wage for workers with a license is $2.76 higher than for those without a license. b) (5 points) Based on the evidence in the ...

Department of Economics Economics 1123 Harvard University Fall 2020 Midterm Exam 9:00 a.m., Wednesday October 24, 2018 PACKET 2 Solutions in Calibri 11 Part 1 – USE BLUE BOOK #1 (60 points) 1) Consider regressions (1) and (2). a) (5 points) Interpret the coefficient on license in regression (1), in which the dependent variable is wage. The mean wage for workers with a license is $2.76 higher than for those without a license. b) (5 points) Based on the evidence in the ...

Accounts Payable Turnover - Credit Purchases/Average Accounts Payable Balance. Accumulated Depreciation - A contra-asset. Adjusted R-squared - Adjusted R-Squared is equal to R-squared multiplied by an adjustment factor that decreases slightly as each independent variable is added to a regression model. Use to compare two regression models that have a different number of independent variables. Asset Turnover - Revenue/Average Assets Asset/Expense Accounts - Asset and expense accounts increa...