Topics to be Discussed Basic principles of building macroeconomic model Micro basis of macroeconomics &Choices of households Choices of firms Introduction to labor market
1 Goodness of Fit Statistics We would like some measure of how well our regression model actually fits the data.* We have goodness of fit statistics to test this: i.e. how well the sample regression function (srf) fits the data. The most common goodness of fit statistic is known as R2. One
R30 Model One of the simulations conducted as part of the GFDL-University Consortium project is a 17 year simulation in which the lower boundary conditions repeat the mean seasonal cycle. Attributes of the model simulation are given below
Parallel Climate Model Effort (Version 1) This is a joint effort to develop a DOE-sponsored parallel climate model between Los Alamos National aboratory (LANL), the Naval Postgraduate School (NPG), the US Army Corps of Engineers' Cold
HadCM3--Coupled atmosphere-Ocean general circulation model HadCM3 is a coupled atmosphere-ocean general circulation model(AOGCM)developed at the Hadley Centre and described by gordon et al (2000)and Pope et al (2000). Unlike earlier AOGCMs at the Hadley
The Multiple Regression Model Contribution of Individual Independent Variables Coefficient of Determination Categorical Explanatory Variables Transformation of Variables Model Building
The Completely Randomized Model One-Factor Analysis of Variance F-Test for Difference in c Means The Tukey-Kramer Procedure ANOVA Assumptions The Factorial Design Model: Two-Way Analysis of Variance Examine Effect of Factors and Interaction Kruksal-Wallis Rank Test for Differences in c Medians
Introduction The consumption-based model as a complete answer to most asset pricing question in principle, does not work well in practice; This observation motivates effects to tie the discount factor m to other data; Linear factor pricing models are most popular models of this sort in finance; They dominate discrete-time empirical work
