Econometrics Essays

The implicit association test (IAT) is a test that is designed to detect the strength of one's automatic association between concepts. I chose to take the weight test. fat versus thin. in the description of this test it says that it requires the ability to distinguish faces of people who are obese and people who are thin and it often reveals an automatic preference for thin people relative to fat people. In the beginning of the test you are shown all of the words and pictures that will be used,

Mathematical Exploration topic: The Birthday Paradox Objective: To understand the chance of two people having the same birthday in a set of a determined amount of random people. 2) Justification: The main objective of the birthday paradox is to use different applications to show the chances of 2 people having the same birthday, even though most people think it’s a 50%, it’s actually not because we need to involve all of the possible chances of birthdays meaning everyday of the year, not including

degree of empirical support, the econometric models and the risk and protective factor theory will be some of the theories that will be used in explaining the determinants of food insecurity and its association with psychological wellbeing of pregnant women. The econometric model (Pearl, 2000) specifies the relationship that exists between the various economic quantities pertaining to a particular economic phenomenon such as the purchase of food. The econometric theory proffers that monthly spending

Introduction to Econometrics course taught by Dr. Philip Shaw. With Dr. Shaw's encouragement, I published an economic research paper about MLB free agency in the Fordham Undergraduate Research Journal

that keeps my attention and continues to teach me something new on a daily basis. However with Economics being such a broad field of study, I have struggled to find exactly what in the field appeals to me the greatest. Yet after taking a class in Econometrics, I was able to narrow down that I enjoy the real world analytics and statistical work that Economics

compared to rural areas , goes therefore hand in hand with economic, political and social developments, also in terms of gender issues. As a consequence, the interest of this dissertation is to enrich our understanding of gender norms by studying with econometric analyses the effect urbanisation might have on these

my two-term Seward honor project into six weeks in summer to save me more spaces learning new knowledge in coming terms. After discussing with my advisor, Professor Motahar, my honor project was to analyzing the behaviors of Chinese currency. If Econometrics taught me how to establish and analyze model, Regression Analysis taught me how to take a look at the model itself from statistical aspects. Therefore, I used predictive analytics to analyze students’ academic behaviors at Union College with Professor

explanatory variables are not correlated with one another. However, this assumption is hard to hold in practice. Multicollinearity, is used to describe the problem that the explanatory variables are very highly correlated with each other. When applying Econometrics, the main purpose is to separate each explanatory’s biased influence on the explained variable. The exist of multicollinearity would destroy the system, so that we must test it. Perfect Multicollinearity and Imperfect Multicollinearity There

The invention of the Watt steam engine in 1781 propelled Britain into a world of untold economic prosperity and everlasting power for years to come. Prior to the introduction of various mechanical advancements such as machine tools, metallurgy, and Watt’s steam engine, Britain utilized a domestic economic system referred to as the “putting out” system in the mid-18th century. With the new introduction of modern technology, Britain shifted to a system of mass production in factories rather than in

address the needs of the position. As a student at Penn State, I have taken classes that highly correlate with the Data Analyst Intern position. Some of the most relevant courses include… I learned to optimize and apply statistical models in the Econometrics and upper-level statistics courses using statistical software, including SAS, STATA, and R. In addition, my extracurricular activities have shaped my critical thinking and leadership skills. The two most relevant position that

The social life after the introduction of cotton grew rapidly. With the production of the cotton gin by Eli Whitney, it made it a lot easier to pick the hard to clean cotton. The cotton gin played a large role in this change. Cotton became easy as well as profitable to produce in the south. By the year 1825, The American South was the largest developer and producer in the world. This was a huge deal for white southerners because if you had a few slaves and a little land you could bring in huge profits

I've applied to NYU's College of Arts and Sciences because (1) NYU is well known for its economics and math departments, (2) NYU's strong reputation and strong classes in the social studies (mainly, politics, economics, and history) will prepare me for graduate school, (3) NYU offers several enticing study abroad programs, and (4) being in a large city, NYU has several opportunities for research, internships, and connections, all of which are integral to getting into graduate school. I want to major

as the threshold of “a small but significant and non-transitory price increase”. In other words, if Office Depot becomes a monopolist in the office supply industry, it would increase price over than 5%. Moreover, based on the result of the FTC’s econometric analysis, it predicts that the price of office supplies would be increased by 8.49%, greater than 5%. To sum up, the FTC concludes that OSS firms and Non-OSS firms are not in the same market and the office supply market is a relevant market. Therefore

extreme poverty are black. And they are almost totally absent from positions of power. All 39 ministers of President Dilma Rousseff’s cabinet are white, except one: the head of the Special Secretariat for the Promotion of Racial Equality. In Brazil, econometric analyses reveal that brown, and especially black Brazilians, earn about 20 to 25 per cent less than whites with the same background, when age, work experience, educational level, sex, region, class origin and labor market characteristics are considered

many of the advanced economics and statistics courses, yet when it came to applying the knowledge to the real world data sets, there were still a lot of assumptions we had to make for our models to work. For instance, when I first started learning Econometrics, I always assumed that the data I had was independent and normally distributed. Even though I knew that the data sets in real world are probably more complex, I didn't know any methods of cleaning the data until I learned how to perform data transformations

these two markets, which depends on the way of coining the measurement pattern. Many financial researchers studied the Asian financial markets. Bahng (2003) studied the relation among the markets of Japan, China and South-Korea using different econometric methods. He found a strong asymmetric effect among such markets. On the other hand, another study by (Worthington, 2004) showed a positive effect for volatility in the developed markets (i.e. Hong Kong and Singapore) in comparison with the new

In the article Globalization and Economic Growth: Empirical Evidence on the Role of Complementarities we read about the effect of economic globalization on economic growth in OIC countries. OIC stands for The Organization of Islamic Cooperation. As we read further into the article, we also learn about the effect of complementary policies on the growth effect of globalization. This article also investigates whether the growth effect of globalization depends on the income level of countries. The relationship

Another factor caused the employment fluctuations and inflection was the length of the Great Depression. Lucas Jr., Robert, is one of the famous and well-known economist pioneer for his numerous contributions and impact to macroeconomics and macro econometrics during 1970. Part of Lucas success in macroeconomics and other contribution is owe to Thomas Sargent, who’s worked together on several important papers such as “Influential inconsistencies in

When talking about intergenerational income mobility, one cannot downplay the effect parents on their children. It is a well known fact that parent earnings have a profound effect on the earnings of that individual. Much of George Borjas ' work takes this a step further with a focus on what he calls "Ethnic Capital". Borjas defines this as the mean earnings of the ethnic group in the parents ' generation. In his paper, Ethnicity, Neighborhoods, and Human-Capital Externalities, Borjas examines ethnic

The 2008 financial crisis that resulted in the collapse of thousands of companies in China aroused my awareness and interest in the field of finance. I discovered that lack of internal controls and fraudulent practices heightened the effects of the crisis, which influenced my decision to become an auditor with the hope that I could help organizations streamline their operations and avoid bankruptcy. During my first year in college, I quickly learned that auditing is more practical than it is theoretical