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Results tagged with applied-econometrics
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user 1417
Use this tag to discuss empirical papers and issues arising when applying theoretical models to data. For theoretical econometric issues, use the `econometrics` tag
2
votes
Interpretation of a differenced regression
Let's explore this with a simple example. In the table below, the first 4 columns calculate $Y$ from $P$ using the model:
$$Y = \beta_0 + \beta_1P$$
with $\beta_0=5$ and $\beta_1=2$ (in the interes …
- 8,773
3
votes
Using price elasticity of demand to optimize price increases
Let's assume that the company, as may well be the case in the pharmaceutical industry, has some degree of pricing power for its products (in other words, is not subject to so much competition that it …
- 8,773
2
votes
Accepted
measuring the effect of attending a private school on the return to education
The best approach here will depend on the contents of your sample.
If the sample includes individuals of all ages, or at least a good range of ages, then my suggestion would be to exclude all individu …
- 8,773
2
votes
Accepted
Research at the county-level: Macro or Micro?
It depends on the focus of the research and the type of model(s) applied.
A study of a particular good or industry at county level would be micro. This might include consideration of, for example, …
- 8,773
1
vote
Identification strategy for measuring impact of employee turnover on project quality
This looks challenging, and the following would only work in circumstances where:
Reliable estimates can be made of how long each completed project should have taken to complete.
Good records are ma …
- 8,773