Mathematics, 08.04.2020 21:18 CarQuestionl6367
In taking logarithms of output and consumption, a Federal Reserve economist Anne wrote: "For several reasons, taking logarithms of macroeconomic aggregates is a good idea. First, it makes the distributions much closer to the normal distribution, and hence t‐ and F‐statistics are better applicable. Second, a log‐log regression allows interpreting the regression coefficient as an elasticity, which is a very useful and intuitive concept in economics and allied disciplines. Even a regression where the dependent variable is in logarithms but the regressor is not provides interpretation in terms of growth rates. Third, and finally, first differences in logarithms is very close to growth rates, and this offers nice interpretation as well." Critically discuss the above statement.
Answers: 3
Mathematics, 21.06.2019 18:00
In triangle △abc, ∠abc=90°, bh is an altitude. find the missing lengths. ah=4 and hc=1, find bh.
Answers: 1
Mathematics, 21.06.2019 22:00
What is the solution to the division problem below x3+x2-11x+4/x+4
Answers: 2
Mathematics, 21.06.2019 23:00
Astore sells 4 apples for $3 and 3 oranges for $4 if pete buys 12 apples and 12 oranges how much will it cost
Answers: 1
Mathematics, 21.06.2019 23:00
How many heads would you expect if you flipped a coin twice? first, fill in the table below with the correct probabilities. hint: the sample space for flipping a coin twice is {hh, ht, th, tt}. a = b = c = f
Answers: 1
In taking logarithms of output and consumption, a Federal Reserve economist Anne wrote: "For several...
Mathematics, 21.08.2020 08:01
Mathematics, 21.08.2020 08:01
Mathematics, 21.08.2020 08:01
Biology, 21.08.2020 08:01
Mathematics, 21.08.2020 08:01
Mathematics, 21.08.2020 08:01
Mathematics, 21.08.2020 08:01
Biology, 21.08.2020 08:01
Biology, 21.08.2020 08:01
Mathematics, 21.08.2020 08:01
Mathematics, 21.08.2020 08:01