This is a preview. Log in through your library . Abstract In this paper four alternative quarterly econometric models of investment behavior are fitted to a common set of data for individual ...

Spatial econometrics addresses the challenges posed by spatially correlated data, enabling researchers to understand and quantify how economic phenomena in one location can influence those in ...

This paper points to some of the difficulties in large-scale econometric modeling. The major issues here include the logic of the equations, the nature of the stochastic disturbance terms, the logic ...