Archives for econometrics
The linkage between fiscal deficit and real interest rate: Theory and empirical evidence
Under the neoclassical perspective the theory of interest rate determination is postulated under saving- investment equality in the market of loanable funds. Increased government borrowing increases the demand for loanable…
What is Statistics and its importance?
Statistics is the science of the collection, organization, and interpretation of numerical data. It is the branch of mathematics that involves the use of quantified representations, models for the representation…