RANDOM AND NON-RANDOM VARIABLES IN ECONOMETRICS Cover Image

ZMIENNE LOSOWE CZY NIELOSOWE W EKONOMETRII
RANDOM AND NON-RANDOM VARIABLES IN ECONOMETRICS

Author(s): Józef Hozer
Contributor(s): Elwira Zaorska (Translator)
Subject(s): Economy, Methodology and research technology
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: random and non-random variables; econometrics;

Summary/Abstract: In the econometric and statistical literature, most theories regarding constructing econometric models are based on the assumption that the explanatory variables are nonrandom. The paper shows that it is more realistic to assume that the explanatory variables in the econometric model can be both random and non-random. It also presents repercussions resulting from such an approach to the problem.

  • Issue Year: 2014
  • Issue No: 36/2
  • Page Range: 57-63
  • Page Count: 7
  • Language: Polish