econometrics

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e·con·o·met·rics

 (ĭ-kŏn′ə-mĕt′rĭks)
n. (used with a sing. verb)
Application of mathematical and statistical techniques to economics in the study of problems, the analysis of data, and the development and testing of theories and models.


e·con′o·met′ric, e·con′o·met′ri·cal adj.
e·con′o·met′ri·cal·ly adv.
e·con′o·me·tri′cian (-mĭ-trĭsh′ən), e·con′o·met′rist n.

econometrics

(ɪˌkɒnəˈmɛtrɪks)
n
(Economics) (functioning as singular) the application of mathematical and statistical techniques to economic problems and theories
eˌconoˈmetric, eˌconoˈmetrical adj
eˌconoˈmetrically adv

e•con•o•met•rics

(ɪˌkɒn əˈmɛ trɪks)

n. (used with a sing. v.)
the application of statistical techniques to solving problems and testing theories in economics.
[1930–35]
e•con`o•met′ric, e•con`o•met′ri•cal, adj.
e•con`o•me•tri′cian (-mɪˈtrɪʃ ən) e•con`o•met′rist, n.

econometrics

mathematical methods used in the science of economics to prove and develop economic theories.
See also: Economics

econometrics

The use of mathematical and statistical methods to test economic theories.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.econometrics - the application of mathematics and statistics to the study of economic and financial data
economic science, economics, political economy - the branch of social science that deals with the production and distribution and consumption of goods and services and their management
Translations
Ökonometrie

econometrics

[ɪˌkɒnəˈmetrɪks] NSINGeconometría f
References in periodicals archive ?
Two famous econometricians formulated the strategy of forecasting a times series called the Box-Jenkins method named after the statisticians George Box and Gwilym Jenkins, [11] this method applies autoregressive moving average (ARMA) or autoregressive integrated moving average (ARIMA) models to find the best fit of a time-series model to past values of a time series.
Hansen suggests that economists populate their models with agents who behave just like econometricians who construct simple and useful provisional models and revise them as needed in response to statistical evidence.
As a result of those discussions, the European Union is sending nine fully qualified econometricians to New Zealand, very shortly, to look at our world leading integrated data infrastructure--more econometricians than I think New Zealand could possibly apply to all of its economic analysis, let alone one small part.
A large team comprising researchers, statisticians, econometricians, analysts and field investigators worked on this project from March to September 2015.
On the other hand, the challenges for Bayesian econometricians are virtually all computational in that: (i) the likelihood function has to be evaluated; (ii) the joint distribution of prior and likelihood has to be computed; and (somewhat less crucially) (iii) the marginal data density has to be obtained.
Econometricians might reference this as a measurement error problem.
The book is primarily designed for providing an intuitive understanding of recent developments in econometrics to non-specialist econometricians and is widely adopted by teachers, students and practitioners alike.
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An alliance between econometricians and mainstream macroeconomists discarded all attempts at argumentation over how research evaluation in the economics field should be conducted.
However, the paper has been subjected repeatedly to rigorous scrutiny at many high-level seminars, so we can assume that Donaldson's assumptions, modelling and mathematical manipulations meet the standards accepted by econometricians.
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