ECONOMETRICS MIDTERM PROJECT 1. Choose 2 models suggested by other researchers: 1.1 Multiple regression 1.2 Nonlinear regression (also multiple) 2. Choose different country (for time series data) or...

GMT+3 deadline at 19:00, October 29th;


ECONOMETRICS MIDTERM PROJECT 1. Choose 2 models suggested by other researchers: 1.1 Multiple regression 1.2 Nonlinear regression (also multiple) 2. Choose different country (for time series data) or region (for cross-sectional data) 3. Collect data (at least 15 observations for each model). If it’s impossible to find the same variable – replace by similar one (arguments are expected) 4. Estimate and analyze both models: 4.1 Significance of variables 4.2 Multicollinearity 4.3 Serial correlation