Basic Models
Some of the common econometric models are:
- Linear regression
- Generalized linear models
- Tobit
- ARIMA
- Vector Autoregression
- Cointegration
Read more about this topic: Econometric Models
Famous quotes containing the words basic and/or models:
“Not many appreciate the ultimate power and potential usefulness of basic knowledge accumulated by obscure, unseen investigators who, in a lifetime of intensive study, may never see any practical use for their findings but who go on seeking answers to the unknown without thought of financial or practical gain.”
—Eugenie Clark (b. 1922)
“The greatest and truest models for all orators ... is Demosthenes. One who has not studied deeply and constantly all the great speeches of the great Athenian, is not prepared to speak in public. Only as the constant companion of Demosthenes, Burke, Fox, Canning and Webster, can we hope to become orators.”
—Woodrow Wilson (1856–1924)