Lawrence Klein, the University of Pennsylvania economist who won the 1980 Nobel Prize for his computer-based models that help governments forecast the future and act accordingly, died Sunday at his ...

Econometric modelling plays a crucial role in quantifying relationships between water availability, demand and economic variables. These models combine statistical estimation with economic theory to ...

Measurement error arises when observed variables deviate systematically or randomly from their true underlying constructs. In econometrics, such inaccuracies can ...

This course, presented by the Institute for Capacity Development, gives government officials a rigorous foundation estimating of macro-econometric models and their application for nowcasting, ...

The global financial crisis, triggered by the subprime mortgage problem and resulting in the collapse of a major American investment bank in September 2008, has seriously affected the Japanese economy ...